Dear Basu & Staff,
first of all thanks a ton for all ur support to millions of people seeking help.
Kindly share your take on NFO of Reliance Nivesh Lakshya Fund, I was planning to put 2 lacs INR lumpsum in any debt fund for next 10 years. Also may kindly suggest best DEBT fund which could return at least 10% every year for next 10 years……………….Thanks
First of all, stay away from this fund at least up to I write a post on this particular fund (I am planned to write maybe on Monday). Now, expecting 10% returns from debt fund is too high expectation. Hence, first understand how debt funds work. Then jump into.