Q&A

I want to invest Rs 15 lakh for 2-3 years. Where should I invest?

Investments in debt funds will work better or even investments in balanced funds would work well

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I want to invest Rs 15 lakh for 2-3 years. Where should I invest?
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I want to invest Rs 15 lakh for 2-3 years to get maximum possible return. Can you tell me when I should invest as the rates of MF units are very high at present due to share market?

Shekhar Gupta, Noida

Considering the time frame that you have in mind, equities may not be the best option. However, investments in debt funds will work better or even investments in balanced funds would work well. More than the MF unit price or the stock market levels, you should look into your investment objective, the risk you can take with your investment and the potential returns that the investment can generate.

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