If liquid and ultra short-term funds can be used to park cash for immediate liquidity and also for slightly longer term than immediate cash needs, then short-term bond funds are meant to earn some sort of regular return, slightly more than your fixed deposit. This is the third debt fund decoder in this series, where

Here are few things to look out for before choosing a closed-end scheme With at least four closed-end equity scheme launches in the market now, there is a fair choice if you want to invest. These funds have seen increased number of launches over the last 3-3.5 years. As per data from Association of Mutual