How to accumulate for short term goal of 5 years with a target of Rs.5 to Rs.6 lacs without interfering my long term goals? No investment started yet for this goal.
Sandy-Your goal is considered as short term. Hence, first keep in mind that you can’t enter into equity asset class. Second thing, understand whether this goal is a MUST or can be postponed. Because some goals are very much sure to occur and some goals like lifestyle goals can be postponed if you don’t have sufficient surplus to invest.
In my view, use Short Term Debt funds and Arbitrage Funds to accumulate for this goal.
Will u please suggest some fund a hw much to invest do dat I can reach nearby my goal.i can’t postponed. It