Though, they are the least volatile of all MF schemes. Keep in mind that these debt schemes do not guarantee returns. ![]() Schemes were shortlisted based on the rolling returns and Sortino ratio. Here we compiled top performing schemes from the short term debt funds include liquid funds, ultra short term funds, low duration funds, money market funds and short duration funds. Only few MFs offer this facility, though, currently. Typically, you can redeem up to Rs 50,000 or 90% of your portfolio in liquid funds per day. Interestingly, two debt funds categories (liquid and overnight funds) provide instant redemption facility wherein you get the money in your accounts in minutes. You can easily liquidate the units of debt mutual funds and get the money in your account in one-day. These include liquid funds, ultra short term funds, low duration funds, money market funds and short duration funds. There are low risk short term debt fund categories that can help your corpus to grow and generate return over and above the banks’ savings and fixed deposits. ![]() Aside from savings accounts and bank fixed deposits, debt funds are also a good parking vehicle for an emergency corpus. ![]() Experts suggest to keep aside at least six months of your monthly income. It comes in handy when you have sudden and unexpected expenses in life. Building an emergency corpus is an essential part of financial planning.
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