I want to invest Rs 3 lacs for approx 1 year. Please suggest mutual funds?
Since your investment horizon is only one year, you can invest either in short term debt funds or ultra short term debt funds-
Please check the top performing short term debt funds from here https://www.advisorkhoj.com/mutual-funds... - You can invest in any of the funds from Birla Sun Life short Term Fund, HDFC medium Term Opportunities Fund or UTI Short Term Income Fund.
You can also check the performance of ultra short term debt funds from here https://www.advisorkhoj.com/mutual-funds... - You can choose from ICICI Prudential Flexible Income, Birla Sun Life Floating Rate Fund or IDFC Ultra Short Term Fund.
Hope the above helps! Thanks for writing to Advisorkhoj.
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