In mutual funds, we have the option to select equity fund, index fund, sectorial fund and debt fund.
Debt fund is the fund that invest bonds and non-existant convertible debentures (NCD). It is better to invest in a fund that invests in government bonds and NCD of high rated companies.
Some may feel it safe to start a SIP in a equity fund and later start a STP to a debt fund from the equity fund.
Selecting the right funds become the backbone of the mutual funds investments.
Debt fund is the fund that invest bonds and non-existant convertible debentures (NCD). It is better to invest in a fund that invests in government bonds and NCD of high rated companies.
Some may feel it safe to start a SIP in a equity fund and later start a STP to a debt fund from the equity fund.
Selecting the right funds become the backbone of the mutual funds investments.
