Could you please suggest if am building corpus to buy house in 2 to 3 years time.
Can you suggest where should I park my money, in case even if there delay for me buying I still get some good interest from the saving back etc
1. Any recommendation on good arbitage fund.
2. Does it have a lock in period
3. Can i invest it through my demat account.
4. Is it taxable returns.
There are few you can select like from Kotak or ICICI MFs. There will not be any lock-in period. Yes, you can invest through demat account. But I strictly suggest you not to use demat as it is costly mode of investment. If your time horizon is more than a year, then the returns from Arbitrage Funds are Tax-Free.
If not through demant than through where can i buy the Arbitage fund
How much returns can be expected for more than 2 to 3 years just an approx
Also in comparison with Ultra short and Short term Gilt fund which i better these debt funds or Arbitage fund