I want to do 2 STP's of 1 lac each with a time horizon of 1 year. Request you to please suggest some good funds for the same?
If your investment time horizon is only 1 year, you can invest in ultra short terms funds. Here you can check the top performing funds in this category https://www.advisorkhoj.com/mutual-funds...
STPs are suggested to benefit from rupee cost averaging as best works if your investing in equity or balanced mutual funds. But you cannot invest in these funds as your investment horizon is only 1 year.
Therefore for you, lump sum investments works better.
Thanks for writing to Advisorkhoj.
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