hi all
I all i m just wondering if investment in recurring deposit is more beneficial or in MF ( debt ).
I m intrested in investing 2000 pm for 3 years . should i invest it in RD or MF ( debt ) .
RD will fetch me 7.5% annually . but MF in debt will fetch me slightly ( or more ) higher .
But their is tax on the income that we receive from MF ( debt ), but i m not sure if it is also true for RD .
Can any body help which once to choose
thnk suresh
I all i m just wondering if investment in recurring deposit is more beneficial or in MF ( debt ).
I m intrested in investing 2000 pm for 3 years . should i invest it in RD or MF ( debt ) .
RD will fetch me 7.5% annually . but MF in debt will fetch me slightly ( or more ) higher .
But their is tax on the income that we receive from MF ( debt ), but i m not sure if it is also true for RD .
Can any body help which once to choose
thnk suresh