Where to invest for a year for good returns?

Kindly suggest where can I invest a lumpsum amount for a year, and get good returns. Also, suggest funds for SIP. And how is SBI Dual Advantage Fund for investment?
--Kavya Dubey

Neeraj Chauhan, CEO, The Financial Mall, responds:

Since you have an investment horizon of only a year, you should invest in accrual debt fund like Franklin India Low Duration Fund.

Equity is not a good asset class for an investment time-frame of one year.


SBI Dual Advantage Fund is a closed-ended hybrid fund with small exposure to equity. You should invest in open-ended funds based on your investment goal.

ET Mutual Funds adds: SIPs are primarily used to invest in equity mutual funds. You can invest in equity mutual funds through SIPs to achieve your long-term financial goals of five years and more. Here are our recommended equity mutual fund SIP portfolios (Read: Best mutual funds to invest in 2017). You may choose a portfolio that matches your risk profile.