Which investment instrument will give me better return?
Have a query about the best investment option? Looking out for advice from financial experts? Here, on this page find responses from experts regarding the best investment options with the goals of time period and risk taking capability.
My wife and myself are planning to invest a lump-sum amount for our daughter. We want to remain invested for 3 years and planning to use this investment for higher study of our daughter. As the time period is not very long, we are giving importance on safety of the capital along with moderate return.
In view of the goal, time-period and risk-taking capability as mentioned above, I would like to know whether we should perk the investment in Sovereign Gold Bold (currently available) or in Long-term debt income fund?
Which instrument would give better return in three years? Knowledgeable Members may kindly explain with comparative figures.