Ultra short-term bond funds are debt funds that are meant to park your money for the short term.

This is not an investment vehicle where you expect your money to grow or build wealth. It is a temporary parking space till you find a more permanent space to invest your money.

However, unlike the least risky liquid fund, this fund allows you to earn a slight return kicker, but with a little bit more risk than what a liquid fund entails. But it has boundaries. It invests in scrips in such a way that the duration of the portfolio is 3-6 months. In simple words, it is meant for investments of 3-6 months.

SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

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