Fidelity Short Term Income Fund Review

Fidelity Short Term Income Fund Review

Fidelity has recently launched Short term income fund. Now, let us review this scheme.

Basically short term income fund is the one which invests primarily in debt and money market instruments to generate income for its investors.

This fund is mainly for to generate interest income from short period of time as bank Fixed deposits of short time don’t offer much interest rates.

But the short term income funds can give you good returns than the simple bank fixed deposits.

You can park your surplus money in this fund. In fact, you can also park your emergency fund (3-6 months of monthly expenses) in such kind of funds to generate interest income from it.

Many people ask me that why to invest in short term income funds? Well, this is because they give you higher returns than the bank savings accounts and short term deposits with your bank.

And that’s why such kind of funds are best suitable for parking your surplus money as well as emergency fund.

Fidelity is one of the reputed find house of the country and that’s why you can go for this fund. As this fund primarily invests in debt and money market instruments, it is a safe fund.

So go for it and park your surplus money in it for a short period of time.