7 replies on this article “Suggestion on parking money received from Post office investment maturity”

1. ashalanshu says:

   January 24, 2014 at 9:22 pm

   Dear Amit, you may opt short term fund as post tax return for you ‘ll be higher here against FDs.

   Thanks

   Ashal

   Reply
2. kuntal says:

   January 24, 2014 at 6:23 pm

   Hi Amit,
   It does not really matter, as the difference is negligible in short term debt funds. What matters more is that the investment is in secure companies with minimum risk of default. So choice of AMC company is more important than fund itself.
   Choose a company of your choice (I prefer Franklin Templeton,but HDFC is also fine),
   see what short term debt fund they have, and invest. Simple.
   Thanks,
   Kuntal.

   Reply
3. Amit AB says:

   January 23, 2014 at 6:54 pm

   Thanks Kuntal. One question though, while browsing other threads on this forum, I see HDFC High Interest Fund – Short Term Plan recommended for similar scenarios. Can you pls advice if Templeton India Short Term Incomeor HDFC is better fund?

   Reply
4. Amit AB says:

   January 23, 2014 at 9:40 am

   This is intended to be used towards school admissions for my daughter.

   Reply
   1. rahul123 says:

      January 23, 2014 at 11:57 pm

      A debt fund or FD will serve the purpose.

      You know that there is a certain outflow of cash after 3-4 years and it is related to your child’d future. See the performance of market over last 3 years (assuming similar case for next 3-4, market might not give any good positive returns)Why to gamble with child’s education?

      Thanks,
      Rahul

      Reply
5. ashalanshu says:

   January 23, 2014 at 9:36 am

   Dear Amit, what is going to be end use of the money after 3-4 years?

   Thanks

   Ashal

   Reply
6. kuntal says:

   January 22, 2014 at 7:50 pm

   Hi Amit,
   You can go for short term debt fund (eg. Templeton India Short Term Income-Growth)
   for a time horizon of 3-4 years, specially if u r in 20% or 30% tax bracket.
   Thanks,
   Kuntal.

   Reply

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