Time to move beyond fixed deposits with debt mutual funds
It is quite likely that your grandmother or even your mother would have at some point in time advised you to invest your money in a bank fixed deposit. The reason always being the same, ‘it is safe’. Over the years, the rates offered on bank deposits have varied and ranged between 4% to 12%. When you invest in fixed deposits, you are assured of a certain return and safety of your investment. This is why most people opt to invest in fixed deposits. However, there is another option available for i ..
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