Q: Now tell us within a basket if you are talking about ultra short term funds or short term funds there are different offerings from various different companies and mutual fund houses. How do each of these differ so that I can decide ?
A: You just need to look at what is the current portfolio holding. It takes two minute. What is the current yield and what is the average duration of the fund. That can be supplied to you by your investor adviser or you can go and visit the website and even your Moneycontrol can give a lot of input – just look at that and invest accordingly. It is not that difficult. First step investor need to take just to understand these things and it does not actually require much of effort and time. First time it may require some effort and time but over a period of time you will become good at that because as I explained to you, you spend one month to earn Rs 1 lakh-Rs 2 lakh of salary at least spent half an hour every week to figure out where your money has been invested.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
