Which investment is best for short term in India?
Table of Contents
Which investment is best for short term in India?
The best short-term investment options available in India are
- Fixed deposit.
- Ultra-short-term funds.
- Liquid funds.
- Recurring deposits.
- Short-term debt mutual funds.
- Fixed maturity plan.
- Floating rate mutual funds.
Which is best SBI Debt Fund?
List of Sbi Mutual Funds in India
| Fund Name | Category | Fund Size(in Cr) |
|---|---|---|
| SBI Magnum Ultra Short Duration Fund | Debt | ₹10,515 |
| SBI Magnum Mid Cap Fund | Equity | ₹6,588 |
| SBI Magnum Medium Duration Fund | Debt | ₹11,135 |
| SBI Debt Hybrid Fund | Hybrid | ₹4,683 |
Which is the best debt mutual fund in India?
List of Debt Mutual Funds in India
| Fund Name | Category | 1Y Returns |
|---|---|---|
| Nippon India Banking & PSU Debt Fund | Debt | 4.7\% |
| IDFC Banking & PSU Debt Fund | Debt | 3.9\% |
| ICICI Prudential Short Term Fund | Debt | 5.1\% |
| Aditya Birla Sun Life Corporate Bond Fund | Debt | 4.6\% |
Is SBI Debt Fund Safe?
SBI MF Debt funds are suitable for conservative investors who are seeking capital appreciation and regular income over a period of say 5 years. As these funds are relatively stable as compared to equity funds and may lend stability to an equity-oriented portfolio.
Is SBI Debt Fund good?
It is also the largest fund house in India in terms of asset size. As of 2nd April 2021, this fund house manages assets worth Rs. 5.04 lakh crore, indicating a 35\% growth in its average AUM in FY 2020-21. Upsides of the best SBI debt mutual funds are stable returns, more flexibility, and high liquidity.
What is the safest bond fund?
The three types of bond funds considered safest are government bond funds, municipal bond funds, and short-term corporate bond funds.
Which is the Best Short Term Fund in India?
Short Duration Funds. 1 HDFC Short Term Debt Fund. 4. Consistency. Current Value ₹ 7.42 Lakh. Return. +8.424454664929991\% p.a. Add to compare. Invest. 2 ICICI Prudential Short Term Fund. 3 Axis Short Term Fund. 4 Nippon India Short-term Fund. 5 Canara Robeco Short Duration Fund.
Are short-term debt funds a good option?
Short-term debt funds are ideal to meet financial targets in the short term (one to three years). Over the years, short term debt funds have built a reputation for offering higher post-tax returns in comparison with other non-equity alternatives.
Which are the top 10 debt mutual funds in India?
Top 10 Debt Mutual Funds Fund Name Risk 1Y Returns Fund Size (in Cr) DSP Government Securities Fund Moderately High 6.9\% ₹ 457 Axis Gilt Fund Moderate 6.3\% ₹ 148 SBI Magnum Constant Maturity Fund Moderate 5.7\% ₹ 803 SBI Magnum Income Fund Moderate 7.6\% ₹ 1,772
What are the alternatives to bank FDS?
Liquid mutual funds are the perfect alternative to bank FDs. Liquid mutual funds have historically generated superior returns than bank FDs and overnight debt funds. Ultra-short-term debt funds are open-ended debt funds which invest in papers maturing between 3 months to 6 months.