I have been receiving your articles from advisorkhoj which are very valuable and very knowledgeable. I would like to know your advise on which are the mutual funds I need to put a corpus of Rs. 8 lakhs which are maturing from a recurring deposit which I had saved for my daughter's marriage in about 2 years time period. kindly advise. I would like to have this amount is capital protected as well as it should give good returns compared to bank FDs?
Thanks for the kind words ! I am glad that you liked our website and found it knowledgeable.
Coming back to your query, your investment horizon is approx two years and therefore, you can invest in short term debt funds. These funds are good option compared to fixed deposits and can be invested or redeemed anytime.
Read this article to know why it could be suitable to you https://www.advisorkhoj.com/articles/mutual-funds...
To check top funds in this category, please refer this link - https://www.advisorkhoj.com/mutual-funds-research...
However, please note that any mutual fund scheme does not guarantee capital protection. However, being a debt fund it can be considered a safe investment.
Hope the able helps ! Wishing you the best !!
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