No good short term debt in Sundaram and Franklin Templeton?

POSTED BY Ram Mohan ON March 18, 2012 6:01 pm COMMENTS (10)

All:

I’ve been trying to find some debt funds to invest lumpsum to do STP towards my SIP in Franklin and Sundaram funds, but couldn’t find anything? Either the returns/ratings are not good or the initial investment (50 L in case of Franklin Templeton India Inc Builder) is too high.

Any ideas what to do? Just keep money in the bank and do a SIP? Or maybe my reasearch is flawed?

10 replies on this article “No good short term debt in Sundaram and Franklin Templeton?”

  1. Dear Rmohan, For Sundaram you may invest in Ultra Short Term retail.

    http://www.valueresearchonline.com/funds/funddetails.asp?schemecode=4873

    Thanks

    Ashal

    1. rmohan80@gmail.com says:

      Thanks Ashal, but it’s sad that a fund giving sub-par performance is the best option available in Sundaram…

      1. Dear Rmohan, even for that sub par performance you are able to earn better return than your SB account. Should I add more as reply? 🙂

        Thanks

        Ashal

      2. Dear Rmohan, by the way, why are you investing in Sundaram AMC at all? May I know the reason?

        Thanks

        Ashal

        1. rmohan80@gmail.com says:

          Dear Ashal,

          I’ve used to have SIP in Sundaram Select Midcap and it has accumulated a little bit. So, I’m just doing alert SIP (via fundsIndia) into the same.

          Do you think I should switch over to some other fund? But I would like to have the same kind of return ratio without higher risk and preferably in midcap space

          1. rmohan80@gmail.com says:

            Dear Ashal,

            Waiting for your response on this

            Thanks,

            Ram

          2. Dear Ram, IDFC Prem. Eq. is a better choice in midcap space.

            Thanks

            Ashal

  2. Sadhana says:

    Debt funds will yield more than a Bank account on any day so even if its yield is not the best in its category any Debt fund in that particular fund house is good enough to park money for a STP!

  3. bharat shah says:

    templeton india ultra short term bond fund is the suitable fund for STP from liquid to equity fund, as i understand.

    1. rmohan80@gmail.com says:

      Hi Bharath,

      Thanks for that. The reason I left out this as an option is because it’s less than 5 years old. But seems that there is no choice…

      Any suggestions for Sundaram AMC?

      Thanks,

      Ram

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