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
Thanks for writing to Advisorkhoj.
Aug 29, 2019 by Nandu
Aug 26, 2019 by Dhiraj
Aug 18, 2019 by Dr. Ketan S Trivedi
Aug 16, 2019 by Sanjay Gargish
Aug 3, 2019 by Chirag Agrawal
Jul 30, 2019 by Abhishek Shah
Jul 28, 2019 by Dr. Pradip Kumar Chatterjee
Jul 27, 2019 by Pravin Jain
Aug 26, 2019 by Joel A Peres
Jul 25, 2019 by Rabindra Chandra Bhattachara
Nov 22, 2024 by Axis Mutual Fund
Nov 22, 2024 by Advisorkhoj Team
Nov 22, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team