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

Which scheme is best for short term investment?

List of 9 Best Short Term Investment Plans in India for 2021

Short-Term Investment Plans Rate of Return Duration
Debt Mutual Funds 8%-11% 6 months to 3 years
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

Can I invest in mutual funds for 3 months?

For a short period of 3 to 6 months, you can either park your money in liquid mutual funds or ultra short term debt mutual fund. Liquid Mutual Funds usually invest in government securities and certificate of deposits of up to 3 months duration.

Are mutual funds good for short term?

Don’t confuse a money market mutual fund with a money market account. While they’re named similarly, they have different risks, though both are good short-term investments. A money market mutual fund invests in short-term securities, including Treasurys, municipal and corporate debt, as well as bank debt securities.

IT IS INTERESTING:  What is the formula for dividend payout?

Which mutual fund is best for 1 month investment?

Top Performing Mutual Funds

Scheme name Category 1 Month
Nippon India US Equity Opp Fund(G) Thematic Fund 99.92
Aditya Birla SL Intl. Equity Fund-A(G) Thematic Fund 92.23
Aditya Birla SL CEF-Global Agri-Reg(G) Thematic Fund 82.90
ICICI Pru US Bluechip Equity Fund(G) Thematic Fund 79.47

How can I double my money in 30 days in India?

Here are some best 5 ways to double your money fast.

  1. Stock Market. Investments made in the stock market have always given a high rate of returns to people. …
  2. Mutual Funds (MFs) …
  3. National Savings Certificates. …
  4. Corporate Deposits/Non-Convertible Debentures (NCD) …
  5. Kisan Vikas Patra (KVP)

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 invest in mutual funds for 15 days?

Short-Term Mutual funds are open-ended funds having a maturity period ranging from 15 days to 91 days. … If you have a longer investment horizon (two to four months), then you can invest in ultra-short-term funds.

Can I invest 100 RS in mutual funds?

Minimum SIP amount can be as low as Rs 100 so that maximum people can start investing in mutual funds.

How much money do I need to invest to make $3 000 a month?

By this calculation, to get $3,000 a month, you would need to invest around $108,000 in a revenue-generating online business. Here’s how the math works: A business generating $3,000 a month is generating $36,000 a year ($3,000 x 12 months).

IT IS INTERESTING:  Who should invest in large cap funds?

How can I double my money in a week?

Here are some options to double your money:

  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. …
  2. Kisan Vikas Patra (KVP) …
  3. Corporate Deposits/Non-Convertible Debentures (NCD) …
  4. National Savings Certificates. …
  5. Bank Fixed Deposits. …
  6. Public Provident Fund (PPF) …
  7. Mutual Funds (MFs) …
  8. Gold ETFs.

What is Blue Chip Fund?

Blue chip funds are equity mutual funds that invest in stocks of companies with large market capitalisation. These are well-established companies with a track record of performance over some time. … Blue Chip is commonly used as a synonym for large cap funds.

How do I choose a good mutual fund?

How to Choose the Best Mutual Fund

  1. Identify Goals and Risk Tolerance.
  2. Style and Fund Type.
  3. Fees and Loads.
  4. Passive vs. Active Management.
  5. Evaluating Managers and Past Results.
  6. Size of the Fund.
  7. History Often Doesn’t Repeat.
  8. Selecting What Really Matters.

Which is best Low Duration Fund?

Top 10 Low Duration Mutual Funds

Fund Name Category 1Y Returns
Aditya Birla Sun Life Low Duration Debt 5.0%
Kotak Low Duration Fund Debt 5.0%
ICICI Prudential Savings Plan Debt 5.5%
HDFC Low Duration Debt 5.4%

Which SIP is best for 1 year?

Best SIP Plans for the Year 2021

Fund Name Monthly Investment 1 Year Returns
Franklin India Focused equity Fund 5000 12.47%
HDFC Balance Advantage Fund 5000 3.1%
ICICI Prudential Bluechip Fund 5000 12.02%
Kotak Standard Multicap Fund 5000 18.19%