8 is here after 8 years . First time in history, RBI hiked Interest Rates when CPI is below repo rates. This shows that RBI will keep interest rate higher for a longer period than we expect. Inflation is very sticky so it makes RBI's (SKD and team) job tough.Rates will move up and remain high for next 2 years. It's a great opportunity to grab as rates (Above inflation) are 2% so we believe one should focus on fixed Income funds.
Fixed income/debt funds look very attractive to park your money (Short Term) as well as for Investments. Rate card for you with Time horizon.
|
Fund Name
|
Returns |
Horizon |
|
Liquid Funds |
6% + |
7days to 6 months |
|
Low Duration funds |
7% + |
For 6 Months + |
|
Short term Bond |
8.50 % + |
For 2 to 5 Yrs. |
|
Equity Savings fund |
10% + |
3 to 5 Yrs. |
|
Balanced Advantage fund |
10% to 12% |
5 Yrs. + |
Invest /park your money for good rates. It will give you peace of mind as there's no locking period and no volatality.
