Invest in liquid funds if you have a horizon of three months, ultra-short-term for six months, and low-duration funds for one year.
The rupee rose by 4 paise at 66.88 against the US dollar in early trade on Wednesday.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
