I like to move my FD money to Debit funds to get better returns and gone through your Debit fund article.
There are many debit funds are there. My finance goal time is 10 years. Could you please suggest one best debt fund for long term investment?
Thanks for your response. Already completed Equity allocation.Planning to Move FD money to Debit..so i am looking for only one best Debit fund for investment. I believe only one debt fund enough for 10 years.
please correct me if I am wrong and provide me debit fund details to move my FD money.
Use Ultra Short Term Debt Fund or Short Term Gilt Fund from my post list of funds.
Does it make sense to do monthly SIP in a short term debt fund like SBI Magnum MIP Floater Fund, in lieu of bank recurring deposit.
I have read somewhere that SIP is great for equity funds should not be done in debt funds – but I didn’t understand why.