Explore Top Performing Debt Mutual Funds | 2024 | Paytm Money (2024)

FAQs

What are some of the top performing mutual funds? ›

Debt mutual funds offer lower returns than equity funds. Also, there is no guarantee of the returns. The NAV of such funds fluctuates with changes in the interest rate. If the interest rates rise, then the NAV of these funds falls and vice-versa.

Paytm Money Account Opening

You can withdraw money from Paytm Money Mutual Funds anytime and anywhere at your fingertips unless the mutual funds have any lock-in-period. Paytm Money also offers Insta redemptions wherein you can withdraw 90% of the investments daily capped to Rs 50,000.

Equity mutual funds invest predominantly in equity instruments such as stocks. These funds have the potential to offer the highest returns among all mutual funds.

Monthly income mutual funds invest in debt and equity securities to generate cash flows and preserve capital. Investors can also opt for a systematic withdrawal plan (SWP) to generate monthly income.

Two fund categories, Overnight Funds and Liquid Funds fall in this category. These are the safest funds in the debt category with negligible interest or credit risk.

The US appears to be getting ready to cut interest rates and that might trigger a rate cut in India too. Wealth advisors have been recommending allocation to debt funds, despite the absence of capital gains and indexation benefits. And a systematic investment plan (SIP) is good to build your allocation.

What is risk in debt mutual funds? ›

Investing in debt funds carries various types of risk. These risks include Credit risk, Interest rate risk, Inflation risk, reinvestment risk etc.

Investors start to expect that interest rate will fall more in future which further leads to an increase in current rates. This works best for existing bonds. This same kind of scenario was expected when Corona crisis hit the economy, but surprisingly debt funds gave negative returns.

Unless your bank has set a withdrawal limit of its own, you are free to take as much out of your bank account as you would like. It is, after all, your money. Here's the catch: If you withdraw $10,000 or more, it will trigger federal reporting requirements.

The majority of the Indian banks' withdrawal limit per day ranges between Rs. 20,000 to Rs. 50,000 from an ATM. In addition, the maximum ATM withdrawal limit per day depends on your account type and banking specifics.

Can I withdraw 50000 from the ATM at once? You can withdraw Rs. 50000 from the ATM at once only using specific debit cards such as– SBI Gold International Debit Card. But, in case you are exceeding your daily withdrawal limit, you can not withdraw the amount at once.

Motilal Oswal ELSS Tax Saver Fund, an ELSS fund, gave 30.49% return in the same period. Two small caps - Tata Small Cap Fund and Bank of India Small Cap Fund - offered 30.44% and 30.33% returns respectively in last six months.