Hi Friends
Please suggest 2-3 funds for STP (Systematic Transfer Plan)
I want to invest 4L in MFs as sump sum amount and will opt for debt -> equity STP plans. Hope in anyway I'll get more return than Bank FDs by this route of investment. I was waiting for bank FD rates will go up, but after RBI rates hike only few has come up with revised FD rates. Again I'm not impressed with those as I've already invested in SBI's 1000 days 10.5% FD.
So please suggest some good debt funds with good corresponding diversified equity funds from the same AMC for STP. There are so many debt categories, so I'm confused.
Please suggest 2-3 funds for STP (Systematic Transfer Plan)
I want to invest 4L in MFs as sump sum amount and will opt for debt -> equity STP plans. Hope in anyway I'll get more return than Bank FDs by this route of investment. I was waiting for bank FD rates will go up, but after RBI rates hike only few has come up with revised FD rates. Again I'm not impressed with those as I've already invested in SBI's 1000 days 10.5% FD.
So please suggest some good debt funds with good corresponding diversified equity funds from the same AMC for STP. There are so many debt categories, so I'm confused.
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