May 4, 2013 6:10 pm
Dear Gaurav, as of now these funds look OK. Please go ahead.
Yes Ashal..chosen the growth funds UTI Bond Fund (G) and ICICI Prudential Multiple Yield Fund Series Growth fund.Are these OK choice?
Dear Gaurav, The past returns may not be repeated at all. As your time frame is not fixed, 1Y to 3Y, a liquid fund ‘ll do the job for you. Please invest in growth option only.
@Ashal…Apologies…guess something went wrong while posting..here is the question.
I want to invest a lumpsum amount into a debt fund for long term (1-3 yrs)since the money is idle in savings and yields me very less interest (with tax)
FD’s are an option,but that also are with tax implications
How are debt funds like UTI Bond Fund (G) ? It has given 10-12% returns.Is it a good option or do you recommend others?Most of debt funds generally give more or less the same returns with little variations.
Also what is your opinion of yield funds like ICICI Prudential Multiple Yield Fund which put money in 80%-20% (debt:equity).Have see that they yield close to 10% or more depending on the equity performance…here i will also have a equity flavour in my investments.
Pls let me know if these are good,safe options to invest in.
I am a conservative investor.
Dear Gaurav, what’s the query?
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