Hello
I am a 24 year old guy looking to diversify my investments to equity , debt and fixed instruments. I have invested about 40% of my savings in equity MFs like HDFC Top 200, Reliance Reg Savings Equity and Sundaram Select Midcap.
For debt instruments, I am caught thinking between MFs like medium-term, short-term and floating rate etc. I planned on investing in FD's which give 6% interest rate and are still taxable. My outlook for 50% of debt funds is 2-3 years and for rest is 1 yr. Can you please suggest differences in rates for Debt MF v/s FD's? Also please suggest 4-5 good debt MFs for both the time periods.
Thanks!
Nikhil