Debt funds have proven to be a versatile investment option, from parking your excess money to retirement savings. One of the key advantages of debt funds is that they offer higher returns as compared to low-risk investments such as fixed deposits (FDs) while maintaining a similar level of safety.
This makes them an attractive option for investors who are seeking higher returns without exposing their investments to excessive risk.
But given the multiple debt products availed in the market, the process of finding the most suitable for your taste can always raise a question.
Therefore each fund is made curated for a particular time span based on goals.
Here is a graph of the different sets of funds to be ideally availed for your specific duration-based goals-