Which funds are best for short term?
Table of Contents
Which funds are best for short term?
| Mutual fund | 5 Yr. Returns | |
|---|---|---|
| HDFC Corporate Bond Fund – Direct Plan – Growth | 7.8\% | Invest Now |
| HDFC Medium Term Debt Fund – Direct Plan – Growth | 7.68\% | Invest Now |
| ICICI Prudential Short Term Fund – Direct Plan – Growth | 7.9\% | Invest Now |
| Kotak Banking and PSU Debt Fund – Direct Plan – Growth | 7.83\% | Invest Now |
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.
What are ultra short funds?
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.
Which is the best Ultra short Term fund?
Top 10 Ultra Short Funds
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| SBI Contra Fund – Direct Plan – Growth | 18.42\% | 28.32\% |
| SBI Contra Fund | 17.66\% | 27.54\% |
| DSP Flexi Cap Fund – Direct Plan – Growth | 19.42\% | 25.88\% |
| Baroda Multi Cap Fund Plan A Growth | 16.67\% | 25.47\% |
How can I make money with 30k?
Here are 12 strategies to make your $30k grow:
- Take advantage of the stock market.
- Invest in mutual funds or ETFs.
- Invest in bonds.
- Invest in CDs.
- Fill a savings account.
- Try peer-to-peer lending.
- Start your own business.
- Start a blog or a podcast.
How do you choose an ultra short duration fund?
Investors should diversify well and choose ultra-short duration funds mainly based on a combination of four parameters:
- The overall maturity profile ( at least 80\%) of the fund should be one year.
- The cash flows of its instruments should be in line with the maturity profile.