I want to invest around 5 lacs in debt funds. The investment horizon is 3-5 years. Main consideration capital protection and then returns more than FD. please suggest some funds for the same?
For 3-5 years investment horizon you can invest in long term income funds. Please see the top performing income funds here https://www.advisorkhoj.com/mutual-funds...
You can invest in Birla Sun Life Dynamic Bond Fund, ICICI Prudential Dynamic Bond Fund or UTI Dynamic Bond Fund.
If you compare the past return of debt funds versus fixed deposits, debt funds have given better returns. You may check this tool https://www.advisorkhoj.com/mutual-funds-research/fixed-deposit-vs-debt-funds
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