All debt mutual funds are not same
Debt mutual funds are not like your plain vanilla bank fixed deposit. Just lock-in the money for a period after looking at the interest rate is all you need to do in bank deposit. However, debt mutual fund space is a bit complex. The space has several schemes that serve different purpose. There are some schemes meant for short-term investments, while there are others meant for long-term investments. There are schemes that are low risk, while some others are highly risky. That is why it is important to know about the debt schemes you are investing.
