Better than FD - Direct+0.04%

5Groww
7.83%
1 Year Return
Debt
Low Duration
5.0 star
1Y
3Y
5Y

Funds in this Plan

Fund NamePercentageRatingExpense RatioMin SIP Amount
Franklin India Low Duration Fund - Direct - Growth50.0%5 star0.49%500
L&T Short Term Income Fund - Direct - Growth50.0%3 star0.46%1000

Description

Purpose: Invest in Better than FD Portfolio if you want a superior alternative to Fixed Deposits. This portfolio is better compared to FD because of better returns, better liquidity and better tax implications at the cost of certain risk. Who should invest: Risk averse investors Ideal investment duration: 1 year to 3 years Rationale: Since this investment is for short-term (1-3 years), it is all debt portfolio. Diversified across Ultra Short Term and Short Term. Selected Franklin India Low Duration Fund as it has high interest rate. Selected L&T Short Term Income Fund as it generates very good returns with high rated bonds.
Returns
Fund
1Y
3Y
5Y
Better than FD - Direct
7.8%
8.1% p.a
8.9% p.a
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.8% annual returns

    Other Details

    Better than FD - Direct

    RiskLow
    Min SIP Amount₹2000
    Created ByHarsh
    Expense Ratio0.57%
    Min Lumpsum Amount₹20000
    Created On04 Apr 2017
    Invest Now
    Enter investment amount
    + ₹2,000
    + ₹10,000
    + ₹20,000
    ONE TIME
    MONTHLY SIP