Top ELSS funds have the potential to earn higher returns than other tax saving instruments likePPForNPS. These high returns are a result of the risk taken by the fund houses by investing in equities. Some best ELSS funds also invest in mid cap companies. These funds can generate higher retu...
2) Tenure of FD is standard set by bank. Normally 1 year. But sometimes you get higher interest if you make an FD for odd periods like 1 year 16 days etc. 2. Just Sweep-in facility:In this facility, you just have to create a normal FD online and then select this FD to enable s...
Here, I decided to keep adding to my MF folio with an investment target of Rs 1.44 crores (and not the total end of 20-year target of Rs 4 crores). The idea was that once I invest Rs 1.44 Crores, I could always give sufficient time to the markets to achieve my target. And I st...
A 9.50% rate of FDs is high as compared to other similar FDs in commercial banks. Therefore, it is evident that the investment would be risky. Small...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts ...