2 Year Goal using SIP. Is RD or a debt fund better ?

POSTED BY Vijay ON August 11, 2013 9:58 am COMMENTS (5)

5 replies on this article “2 Year Goal using SIP. Is RD or a debt fund better ?”

  1. Dear Vijay, please invest in a liquid fund like Quantum Liquid fund.



  2. Dear Vijay, how much amount mly you are going to invest be it in Rd or a SIP in debt fund?



    1. Vijay says:

      2 Years : 20K per month : Target 5L+

      1. Mohit Pandey says:

        If you do RD with 9% interest compounded quarterly then on maturity you will get 5.2 lacks (39.5 k interest) and if you pay 30% tax on interest than also you will be getting 5.08 lacks.

  3. Mohit Pandey says:

    Vijay, 2 year is very short time and mutual fund investment should be done for long term ( usually 5 years or mostly 10 years).
    Do RD for short term goal (1 year or 2 year).

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