Should I invest in a co-operative scheme or mutual fund
I have a lump sum of 2 lakhs to invest for 1 year. Should I invest in Cooperative society which is giving 8.5. - 9% interest or a mutual fund?
We will not comment on the Co-operative Society scheme which offers assured 8.50-9.00% and whether it is safe or not as we do not track deposit schemes floated by co-operative societies.
However, for investing in mutual funds for one year period, you may invest in short term bond funds, if you so wish.
You can select a suitable short term fund from here Short Term Funds
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