Credit Risk Mutual Funds , Get Higher returns than Fixed Deposits (FD)

There are certain categories of mutual fund schemes , where one can get higher returns than bank FD.  Now a days the interest rate in any reputed private or nationalized bank does not exceed 7% but you  can  get  around 8.5% -9.0% returns in certain  category of  mutual funds  known  as  credit risk funds.  The  second  category which we  can  get  higher  returns than  FD is  known  as  Balanced Advantage funds .

Some good  Mutual funds in credit risk category are :

1. Aditya Birla Sunlife Credit Risk Fund
2. BOI AXA credit risk Fund
3. Franklin India Credit Risk Fund
4. Baroda Pioneer Credit Risk Fund

Some Good Funds in Balanced Advantage category are :
1. Kotak Balanced Advantage Fund
2. ICICI Balanced Advantage Fund

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