Where can I park my money for 10 months

I decided to sell my 2nd apartment at Rs 70 Lacks. I want to utilize this money after 10 months for buying another property. Please suggest a proper fund where I can get at least 8.5-9% return without any major market fluctuation?

Jul 20, 2019 by Amit Chakraborty,   |   Financial Planning

For very short term needs (in your case, around 10 months) you may park your money in Arbitrage Funds or Liquid Funds. However, your return expectation of 8.5-9% is quite high from this investment. You should not expect more than 6.5-7% from these funds.

You may check the historical returns of these funds from the URLs below -

https://www.advisorkhoj.com/mutual-funds-research...

https://www.advisorkhoj.com/mutual-funds-research...

Suggest you to read more about these funds -

https://www.advisorkhoj.com/licmf...

https://www.advisorkhoj.com/itimf...

Hope you find the above answer useful.

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