Best short duration funds to invest in 2020
Here is an update on our recommended short duration funds or short term mutual funds. There is no change in our list of recommended schemes in July. If you have investments in these schemes, you may continue to invest and hold on to your investments. Top 18 short duration schemes have managed to offer more than 10% returns in the last one year.
Mutual fund managers and advisors recommend short duration mutual fund schemes to conservative investors looking to invest in debt mutual funds for a year or two.
According to the Sebi mandate, short duration schemes are open-ended short-term debt schemes that invest in instruments with macaulay duration of between one and three years. This means investors can consider investing in these schemes with a horizon of a few years.
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