POSTED BY July 9, 2012 9:43 am COMMENTS (7)
ONOne of my FD is getting matured today, I want to put the amout in Liquid Fund and then want to do STP in following funds:
1. HDFC Top 200
2. Sundaram Select Mid-Cap
3. ICICI Dynamic
Do I have to buy three different Liquid Funds each from HDFC, Sundaram & ICICI? If yes, then which one shall I buy?
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Alternatively, you can do a SWP in one Liquid fund and then do a SIP from your bank account into three SIPs.
thanks…
Thanks Ashal.
Shall I go for Weekly STP or Monthly STP?
Dear Amit, although it’s a bit of personal call, for my own money I’m using weekly STP.
Thanks
Ashal
In my last thred, I discussed abt portfolio rebalancing & SIP. In that thred, you and many other suggested me to invest in these 3 funds. My FD is of 2 lacs
Dear Amit, then it’s ok. Here are the funds –
HDFC Cash Management Savings
ICICI Pru Money Market Cash
Sundaram Money
Out of the 2L Rs. I w’d like to have 75K in HT 200, another 75K in IPru Dynamic & remaining 50K in Sundaram Select Midcap.
Thanks
Ashal
Dear Amit, Yes you w’d have to buy 3 liquid funds each one from respective AMCs. By the way may I know the reason of investing in 3 funds & the amount of FD involved?
Thanks
Ashal