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I would like to invest for short term say 7 days or so in MF so that my capital does ... Read full message
5.54 PM Nov 23rd 2009   | Track |  Tracked by : 1 boarders
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I would like to invest for short term say 7 days or so in MF so that my capital does nit lie idle? What would be the best fund to invest in?
5.54 PM Nov 23rd 2009
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If the amount is big, then its ok to park the same in some liquid / plus fund like HDFC HI Short Term. But, though there is no exit load, yet there will be STCG on gains, and for such short period, I don`t think it makes sense.

regards,
MIK
3.03 PM Nov 24th 2009
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