Hi Pankaj, Good Morning !!
I am new to mutual funds can you suggest me to some good mutual funds or Gold ETF to invest today , which can give good returns in one year ? on should I go for any other investment option ?
Thanks! Good Day !
Hi Pankaj, Good Morning !!
I am new to mutual funds can you suggest me to some good mutual funds or Gold ETF to invest today , which can give good returns in one year ? on should I go for any other investment option ?
Thanks! Good Day !
One year is not enough period for investing into Gold or equity mutual funds. As these are risky in nature and you may have negative returns in a short period like one year.
If you only want to invest for a year, I would advise you to go with Fixed maturity plan (FMP) mutual funds or bank/corporate fixed deposits.
Please read responses to similar questions asked earlier: