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Floating rate funds that can offer 8% annual returns
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Last Updated: Feb 25, 2021, 12:14 PM IST
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Which is the best floating rate fund I should invest Rs 2,500 per month for three years and get average returns at 8% per annum?
- Hitesh Bhateja
Vishal Dhawan, founder, PlanAhead Wealth Management, a financial planning firm, based in Mumbai, responds:
Your return expectations from debt funds, especially floating rate funds are very high. Remember we are in a low interest rate environment and which may start reversing in the next couple of quarters, depending on how the growth and inflation data pans out. ....

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