Stick to short term funds. Most mutual fund advisors have been handing out the same advice to investors fora while. Faced with many uncertainties in the money market and possibilities of rate hike by the Reserve Bank of India (RBI), most mutual fund advisors are still asking investors to avoid taking risk and park their money in short duration schemes.
According to the new Sebi categorisation, short duration schemes (erstwhile short term funds) are open-ended short-term debt schemes tha ..
