I am 49 years old lady and presently running a SIP of 5000per month in two funds:
HDFC Hybrid fund
ICICI Equity and debt fund
Should I discontinue the SIP in the above two funds and start a SIP in ICICI Bliue chip fund? I can park money in these funds for 5 years.
Please also suggest me a liquid fund and I can park money for 5 years here also.
Rupinder k sohal
If your goal is around 5 years, then stay away from equity funds and stick to either Liquid Funds or Ultra Short Term Debt Funds.
Good day Sir. I have invested a small amount in two funds. ABSL Liquid fund and ABSL Floating Rate fund. Are these two funds ok? Pl suggest better liquid and Ultra short debt fund to park money for 5 years.