POSTED BY April 3, 2012 3:56 pm COMMENTS (8)ON
I recently redeemed an equity mutual fund. I wish to invest the amount (10k) in a debt fund and then after maybe 6 months to 1yr, move the profits to an equity fund. Since I might have need for this money within one year, I’m not looking at funds with exit loads. I’ve read that one of the criteria for selecting debt funds should be that the avg maturity of the instruments in the fund should be less than our investment horizon. Is this really a big factor to consider?
Can folks here suggest good debt funds?