← back
Earn Guaranteed Interest on your Investment | 8 Best Schemes to Earn Fixed Interest
Takeaway
FDs look attractive at 8% but debt mutual funds beat them after tax for investors in higher slabs.
Summary
- Most nationalized and private banks now offer ~8% FD interest, especially for senior citizens
- Bank FD interest is fully taxable - in the 30%+ bracket post-tax returns become unattractive
- Debt mutual funds are highlighted as a more tax-efficient option for 3+ year horizons
- Discusses matching modified duration (e.g. 3 or 7 years) to the holding period for debt funds
fixed-depositdebt-mutual-fundstax-efficiency
Original description
To Support our channel , use below links 👇 You can compare Term Insurance here https://bit.ly/46hsSJA You can compare Health Insurance here https://tinyurl.com/pgc9dcxc Get Best & Free Credit cards Apply Now IDFC free Credit Card (Free) - https://wee.bnking.in/ZTFkZTc1 AU Credit Card (Free) https://wee.bnking.in/NmZkNGQ4 You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance. You can compare Term Insurance here 👉 https://tinyurl.com/bdysmh59 You can compare Health Insurance here 👉 https://tinyurl.com/pgc9dcxc Music in video Used from Epidemicsound: https://share.epidemicsound.com/octxox Stay In Touch👇 Also connect with us on👇 FACEBOOK: https://www.facebook.com/moneypurseadv/?ref=bookmarks INSTAGRAM: https://www.instagram.com/moneypurseadv/ TWITTER: https://twitter.com/Moneypurseadv Thanks for watching.. Team Money Purse 00:00 Intro 01:29 Scheme 1 03:24 Scheme 2 04:44 Scheme 3 12:22 Scheme 4 13:56 Scheme 5 14:14 Scheme 6 15:05 Scheme 7 15:18 Scheme 8