I was searching for a fund that will give me moderate returns (FD style, 8-9% pa) and should be tax free (like MF if I redeem it after 1 year).
I came across>> ICICI Prudential Equity and Derivatives Fund - Income Optimiser Plan
I think Arbitrage and Derivatives is a good option in very unstable market.
I started SIP in this fund, with intention to start a small saving each month. Even after so much meltdown, the returns are still +ve. Meaning, I have not lost my capital at least.
MF gurus can let me know if this is a safe bet.
I came across>> ICICI Prudential Equity and Derivatives Fund - Income Optimiser Plan
I think Arbitrage and Derivatives is a good option in very unstable market.
I started SIP in this fund, with intention to start a small saving each month. Even after so much meltdown, the returns are still +ve. Meaning, I have not lost my capital at least.
MF gurus can let me know if this is a safe bet.