I have a motive, and i want to invest lumpsum amount in MF.
Thing is i dont want to keep it for long term, it should be maximum for a month and minimum can be a single day as well.
And I’m expecting return around 4%.
Is there any mutual fund which can gurantee me this much interest or even more?
hmm… getting 4% month on month in a mutual fund is nearly impossible. Indian mutual funds historically have given 12 to 15% annualized. Also it is best not to trade mutual funds like the way you are mentioning, it is not meant to be used like that.
Yes i know that’s kind of impossible or atleast difficult to get 4%.
But what if i select the aggressive fund and keep check on that, whenever i found this is around 4% i can end the MF
Or even 2-3% will be ok if it gives in a week.
Obviously there will be fluctuations so timing will matter.
But it is possible somehow?
You can do it by purchasing stocks but definitely not possible in mutual funds. I can give you some stock suggestions (pm me) that may give you 4% returns in one month. But please note that there’s no guarantee in the stock market. If you’ve enough capital then we can diversify the investment and look for 4% returns.