Want to invest in Debt Mutual funds.

POSTED BY Zzyit ON August 8, 2013 12:16 am COMMENTS (2)

Hi, I am 23 years old and earning 25k/month. I want to invest in debt mutual fund for a short term goal say in 2-3 years. How sould i get started?

2 replies on this article “Want to invest in Debt Mutual funds.”

  1. BanyanFA says:
    August 8, 2013 at 4:00 pm

    Zzyit,
    Considering you would be in 10% tax bracket, for you investing in Fixed Deposits may be a better solution from safety and tax perspective. Two years FDs could give you around 9.5% return. You could also venture into a debt fund like IDFC Dynamic Bond Fund for 2-3 year outlook – I expect them to give around similar to slightly better return of 10%.

    Reply
  2. Ashal Jauhari says:
    August 8, 2013 at 4:59 am

    Dear Zzyit, why are you not opting the plain & simple FDs?

    Thanks

    Ashal

    Reply

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