I am quite confused these days as far as the short term investment planning is concerned, there are lot of investment vehicles and they are so similar in nature that I often get confused between picking and choosing one,lets discuss one by one in each thread, Its my humble request to all financial planners, experts to throw some light on this –
ultra short term funds – they are usually recommended when the horizon is between 3 to 6 months
short term funds – they are usually recommended when the horizon is about a year
both generate returns of similar spectrum, lets see an interesting stats
short term fund – 1 year return- top performer – UTI-short term regular – 10.64%
ultra short term fund – 1 year return – top performer – birla sunlife short term oppo – 11.4%
the returns are similar, as i was going through list of ultra funds, i found that they have performer better in the duration of 1 year,
so on what parameters i should select these funds?? their exit loads? returns? or something else, how to find optimum use of a investment vehicle with the underline risk it posesses??