March 3, 2014 9:10 am
I am planning to start SIP of Rs 7000. Which are the best funds that I can look for to get the best returns in a short term of 1 year
Thanks allot Ashal and Arjun for your kind response.
My apologies. If you are looking for funds to invest in for a year then I would suggest you go for the following debt funds Birla SL FRF-Short Term Plan or Templeton India Low Duration Fund.
Dear Arjun, why are you suggesting Eq. funds for 1Y time frame? Please read the original query, the person wants to invest through mly contributions just for 1Y.
I would suggest that you take your age into consideration while investing in Mutual Funds. This would let you decide how much risk you can tolerate.
For a one year investment you can choose either
ICICI Pru Dynamic Plan-Reg(G) 0r
Mirae Asset India Opportunities Fund-Reg(G)
You can view the entire list of top performing mutual funds here : http://www.fundsindia.com/select-funds?utm_source=FIblogcomment
Dear Dinesh, Bank RD is the vehicle you should ride upon for 1Y period.
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