Where should I invest RD matured amount (approx 2 lakhs) for 1 to 2 years? Can you suggest good options at low risk?
You can invest in short term bond funds as your investment horizon is 1 to 2 years. Short term funds are open ended funds and you can invest and redeem any time you wish without incurring any exit loads. However, it is ideal to have a minimum investment horizon of 6 months for investing in short term funds.
Please check some top performing short term funds from here Top performing short term debt funds
ICICI Prudential Banking and PSU Debt Fund Retail Growth, UTI Banking & PSU Debt Fund - Growth Option and Kotak Flexi Debt - Plan A - Growth are some of the top performing funds in this category.
Hope the above helps you. Thanks for writing to Advisorkhoj.
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