fixed deposit Tag

Are Target Maturity Funds An Alternative To Bank FDs?

Fixed deposits are one of the oldest investment options that are considered safe, assured, and stable. Currently, on account of the rising inflation, the central bank of India has increased the repo rate quite a few times. As on 8th February 2023, the repo rate was escalated to 6.50%. While this has increased the burden of loan holders, it improved the interest rates received by bank fixed...

Where should you invest in Bank FDs or Debt Mutual Funds?

As the global economy has entered a phase where the interest rates have been shooting up abruptly, debt investments have begun to pose as an attractive option for investors. While debt mutual funds provide many similar benefits as compared to bank FDs, it has caused investors to feel mixed up about selecting the suitable investment option for their portfolio. To understand how to choose...

FD vs. ELSS – Where does Mr. Gupta invest and why?

As we are heading close to year-end, it is imperative to check if you have made the required investments to save tax. If you have not done any tax planning for FY 2020-21 yet, it’s time to make a decision as we are already entering the month of December. You should not keep these tax-saving investments till the last moment i.e. 31st March 2021. The earlier you do it, the better it is. Mr....