Lump-sum investment in a debt fund

POSTED BY Arshad Mirza ON September 3, 2012 1:25 pm COMMENTS (7)

Hi All,

I want to do a lump-sum investment in a debt fund, lets say 3 lacs. Time horizon is 5-7 years. I am doing it through net banking and my limit of making transfer is 50K per day. Now i have 2 options to make this 3 lac payments:

1. 50K each for 6 consecutive days

2. 50K each for 6 months

seems option 1 is better but i need your expert advise.

Thanks,

Arshad

 

7 replies on this article “Lump-sum investment in a debt fund”

  1. Arshad Mirza says:

    Thanks Ashal, Ramesh & Anand for your feedback. Your feedback has resolved my query and I will do the lum-sum payment in continous 6 days.
    @ Anand – I am an NRI so cant visit the office. Doing the investment through fundsindia/online netbanking.

    Best Regards,
    Arshad

  2. Anand says:

    You can also pay all at one go by cheque. You just need to visit the MF office once.

  3. Ramesh says:

    In debt funds, do it as fast as possible, because you will get a far better interest rate in the debt fund than while keeping money in the bank. So option 1 is way better.

  4. Dear Arshad, why do you want to park money in a debt fund for such long period? May I know?

    Thanks

    Ashal

    1. Arshad Mirza says:

      Hi Ashal,

      Well, All other aspect of financial planning is already taken care of. There are some equity MF SIP going on, debt is one portion of my portfolio where i will make lump-sum investment and let it grow for my goal time horizon.
      Just need your valuable feedback assuming all other things are perfectly in place.

      Thanks,

      1. Dear Arshad, if I assume what you are telling is truth for your financial planning, please invest your money in next 5-6-7 days. So that your money starts earning.

        Thanks

        Ashal

        1. Arshad Mirza says:

          Thanks Ashal for your feedback. So decided to do it as soon a spossible in 6 days to get maximum out of it. And your assumption is right, i am not lying 🙂 Cheers !!!

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