Can you suggest debt and equity mutual funds as I want to do STP

Investing in mutual funds should be based on your risk taking ability and time horizon of your investment. You have not mentioned the both.

However, as you have mentioned investing in equity via STP from debt funds, we are assuming your investment horizon is minimum 5 years. We suggest investing in equity and balanced mutual funds only if investment horizon is 5 years or more.

For STP from debt funds to equity funds, you can choose large cap, mid cap and diversified equity funds based on your risk profile. You can choose from the following combinations for STP (liquid/ultra-short term funds and equity funds) –

1. SBI Magnum Insta Cash Fund to SBI Bluechip Fund (large cap fund)

2. Birla Sun Life Cash Plus to Birla Sun Life Frontline Equity Fund (large cap fund)

3. Mirae Asset Cash Management Fund to Mirae Asset Emerging Bluechip Fund (mid cap fund)

4. L&T Liquid Fund to L&T India Value Fund (mid cap fund)

5. Birla Sun Life Cash Plus to Birla Sun Life Advantage Fund (diversified equity fund)

6. Franklin India Treasury Management Account to Franklin India High Growth Companies Fund (diversified equity fund)

7. SBI Magnum Insta Cash Fund to SBI Magnum Multi-Cap Fund (diversified equity fund)

The above are some of the examples. For selecting top and consistent performing funds, you may check this tool on our website https://www.advisorkhoj.com/mutual-funds...

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