Mutual Funds returns - The Hindu BusinessLine
As on : Jun 01, 2024
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The RBI is anticipated to uphold the current policy stance for the next five to six months. This brings positive news for investors in debt funds, as they stand to gain from potential increases in Net Asset Values (NAVs) over the long term.
Total assets under management (AUM) of open-ended funds at the end of September stood at Rs 46.58 lakh crore against Rs 46.63 lakh crore in the prior month.
"Anything from six months to three years onwards would be categorised as short-term goals. So, anything that you need money for in the next six months or one year or two years or three years would be your short-term goals. Now, typically these goals could be like a single goal that you might have or it could be part of a bigger goal."
Investing for short term: Here is a look at five short-term investment options in terms of tenure, returns, liquidity, and taxation.