Your question: Which type of mutual fund is best for short term investment?

Which is best investment for short term?

Short Term Investment options for such investors:

Sr No. Short Term Investment Options Ideal For
1 Savings accounts Better liquidity (4%-7% returns)
2 Liquid funds People looking for secure investments (4%-7% returns)
3 Short term funds At par with Liquid funds
4 Recurring deposits People who want to invest on a monthly basis

Which mutual fund is best for 3 months?

Top 5 Hot Mutual Funds 3 months

  • DSP BlackRock World Mining Fund. …
  • Franklin India Ultra Short Bond Fund – Super Institutional Plan. …
  • SBI Dynamic Asset Allocation Fund. …
  • Principal Emerging Bluechip Fund.

Which is the best mutual fund to invest for 1 year?

Top Performing Funds (based on one year returns)

Category Top Performer 1 yr
Childrens HDFC RSF – Equity Plan – DP (G) 70.80
Conservative Hybrid ABSL Regular Savings Fund (G) 28.40
Contra SBI Contra Fund – Direct (G) 90.70
Dynamic Bond SBI Dynamic Asset Allocation Fund-DP (D) 31.10
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Which SIP is best for short term investment?

It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.4% since its launch. Ranked 30 in Short term Bond category.

1. HDFC Short Term Debt Fund.

HDFC Short Term Debt Fund Growth
Launch Date 25 Jun 10
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.33%

How can I double my money in 5 years?

If you want to double your money in 5 years, then you can apply the thumb rule in a reverse way. Divide the 72 by the number of years in which you want to double your money. So to double your money in 5 years you will have to invest money at the rate of 72/5 = 14.40% p.a. to achieve your target.

What are 3 short term investments?

Some common examples of short-term investments include CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills. Usually, these investments are high-quality and highly liquid assets or investment vehicles.

Can I do SIP for 6 months?

If you want to save the surplus amount let’s say for six months then you can look for SIP plans in low duration funds and ultra-short duration funds. This way you can reach your short term goals like buying a gift, two-wheeler, vacations, etc.

Which is the best Ultra short term fund?

List of Ultra Short Mutual Funds in India

Fund Name Category Rating
Aditya Birla Sun Life Savings Fund Debt 4
HDFC Ultra Short Term Fund Debt 4
Kotak Savings Fund Debt 4
SBI Magnum Ultra Short Duration Fund Debt 4
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What is ultra short term mutual fund?

Ultra short duration funds are fixed income mutual fund schemes which invest debt and money market securities such that the Macaulay Duration of the scheme portfolio is 3 months to 6 months. Many investors get confused between liquid funds and ultra-short duration funds. …

Which type of mutual fund is best?

Which mutual fund scheme should I choose? Capital Protection Funds are the best bet for individuals who want to ensure protection of their principal invested amount. Under such schemes, the funds are split between investment in equity markets and fixed income instruments.

Which is the best short term investment plan in India?

9 Best Short Term Investment Options with High Returns in India for 2022

Short-Term Investment Plans Rate of Return Duration
Treasury Securities 7.80% (average) 3 months to 1 year
National Savings Certificate (NSC) 6.80% 5 years
Corporate Deposits (CD) 6%-8% 1 to 3 years
Recurring Deposits (RD) 4%-6% 6 months to 10 years

Which mutual funds give highest return?

List of Equity Mutual Funds in India

Fund Name Category 1Y Returns
Axis Growth Opportunities Fund Equity 30.5%
Mirae Asset Emerging Bluechip Fund Equity 23.2%
Axis Midcap Fund Equity 26.1%
Mirae Asset Tax Saver Fund Equity 22.1%

Which SIP is best for 5 years?

Best SIP Plans for 5 And 3 Years in Equity Funds and Debt Funds

Fund Name 5 years Return 3 years Return
HDFC Balance Advantage Fund 15.50% 16.60%
ICICI Prudential Bluechip Fund 10.81% 8.48%
Kotak Standard Multicap Fund 13.24% 11.14%
Quant Infrastructure Fund 24.14% 38.02%

Which SIP has highest return?

Best SIP Plans for the Year 2022

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Fund Name Monthly Investment 1 Year Returns
DSP Equity Fund 5000 31.90%
Franklin India Focused Equity Fund 5000 80.39%
HDFC Balance Advantage Fund 5000 55.65%
ICICI Prudential Bluechip Fund 5000 59.24%

Is SIP safe for short term?

Is SIP safe or not? SIP is a very safe method to invest in mutual funds. If you invest in a mutual fund lump sum, depending on the market condition, you could end up paying a very high price for a mutual fund. … In SIP, you invest a small amount of money every month.