Are debt funds good for short term?

Are debt funds good for short term?

The best Short Duration (Short Term) Debt Funds are funds that allow investors to invest for a short term, typically for three years, to earn good returns with less market risk….Returns for HDFC Short Term Debt Fund.

Duration Returns
6 Month 0.6%
1 Year 2.9%
3 Year 7.2%
5 Year 7.1%

Which is the best debt funds in India?

The table below shows the best-performing debt funds based on the last 5-year returns:

Mutual fund 5 Yr. Returns 3 Yr. Returns
IDFC Government Securities Fund – Constant Maturity Regular – Growth 9.56% 11.2%
Nippon India Nivesh Lakshya Fund – Regular Plan – Growth 11.16%
ICICI Prudential BHARAT 22 FOF – Direct Growth 10.92%

Where should I invest my short term money in India?

Best Short Term Investments Options

  • Recurring Deposits.
  • Money Market Account.
  • Debt Instrument.
  • Bank Fixed Deposits.
  • Post-office Time Deposits.
  • Large Cap Mutual Funds.
  • Corporate deposits.

Which fund is best for 3 months?

Top 5 Hot Mutual Funds 3 months

  • BOI AXA Credit Risk Fund. (Erstwhile BOI AXA Corporate Credit Spectrum Fund)
  • DSP BlackRock World Mining Fund.
  • DSP BlackRock Natural Resources and New Energy Fund.

Which debt fund is best for short term?

Top Short-Term Debt Funds Based on Returns

Short-term Debt Funds Returns over the past two years Returns over the past three years
ICICI Prudential Short Term Fund 9.74% 9.56%
UTI Banking and PSU Debt Fund 9.74% 9.36%
Franklin India Low Duration Fund 9.66% 9.73%
HDFC Regular Savings Fund 9.45% 9.72%

Which fund is best for short term?

Mutual fund 5 Yr. Returns
ICICI Prudential Short Term Fund – Direct Plan – Growth 7.79% Invest Now
Aditya Birla Sun Life Short Term Fund – Direct Plan – Growth 7.77% Invest Now
HDFC Medium Term Debt Fund – Direct Plan – Growth 7.61% Invest Now
IDFC Bond Fund – Short Term Plan Regular Plan Growth 7.12% Invest Now

Is debt fund better than FD?

Debt funds are tax-efficient as compared to fixed deposits. The interest from bank fixed deposits are added to your taxable income and taxed as per your income tax bracket. The capital gains after holding debt funds for a time period under three years are called short-term capital gains (STCG).

Where should I invest 25 lakhs to get monthly income?

Investment Options for Monthly Income Rs. 25 Lac:

  • Bank Deposits: Every bank offers a monthly income scheme for periods ranging from 1 year to 10 years with varying interest rates.
  • Corporate Deposits:
  • Monthly Income Plan Mutual Funds:

How can I double my money in 30 days in India?

Here are some best 5 ways to double your money fast.

  1. Stock Market. Investments made in the stock market have always given a high rate of returns to people.
  2. Mutual Funds (MFs)
  3. National Savings Certificates.
  4. Corporate Deposits/Non-Convertible Debentures (NCD)
  5. Kisan Vikas Patra (KVP)

Which is the best short term fund?

Equity Hybrid Debt Solution Oriented Others Filter

Scheme Name Plan 1Y
LIC MF Short Term Debt Fund – Direct Plan – Growth Direct Plan 2.76%
IDFC Bond Fund – Short Term – Direct Plan – Growth Direct Plan 2.58%
UTI Short Term Income Fund – Direct Plan – Growth Direct Plan 8.54%
Axis Short Term Fund – Direct Plan – Growth Direct Plan 3.68%

What is HDFC Debt Fund?

HDFC Debt fund is an innovative scheme that invests in debts, long-term or short-term Bonds, money markets, etc. Debt funds are suitable for investors with a low risk appetite who want to park their surplus cash for a short period of time. Though they are a low risk investment they are subject to credit risk.

Can I invest in SIP for 6 months?

If you want to save the surplus amount let’s say for six months then you can look for SIP plans in low duration funds and ultra-short duration funds. This way you can reach your short term goals like buying a gift, two-wheeler, vacations, etc.

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