What are the few Best debt funds for 2016 for 5-6 years investment? Is it better to go for SIP or lump sum?
You stick to short term or ultra short term debt funds. Look for lower modified duration and average maturity of fund. Along with these two criteria, you must also concentrate on credit quality of underlying papers and the interest risk involved to such funds. You will get this information from valueresearch portal.
In my view, you can go with funds like HDFC Banking PSU Debt or Franklin India Low Duration Fund.