News From Press Ultra-short-term debt funds are the best bet for immediate goals

Ultra-short-term debt funds are the best bet for immediate goals

Source: Mint Jun 18, 2021

I am 27, live in Mumbai, and earn ₹48,000 a month. After expenses of ₹25,000, I have been investing ₹1,000 each in three SIPs since June 2017: Aditya Birla Sun Life Frontline Equity Fund - Dividend - Regular Plan; Franklin India Flexi Cap Fund - Growth; and HDFC Prudence Fund - Regular Plan - Growth. These funds come to about ₹99,000. I also have an emergency fund of ₹266,000. Based on this information, kindly advise me on the following:

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