Debt funds vs fixed deposits

[lotmanythings]

Till now I have been keeping a percent of my funds in bank fds.
How would you rate the safety of debt funds to that of bank fixed deposits.
I know that bank fds offer 1 lakh insurance.
When is the right time to buy debt funds when liquidity is high or low?
In particular what do you think of Birla Sun GSec LTF which gave 1 yr returns of 10.2 and 3yr returns of 36.5
Should I change from bank fds to such funds?
Thanks a lot experts.

 

[Jesse]

I would like to know which bank FDs give 1 lakh insurance & what kind of insurance is it?

 

[rajivnc]

I would like to know which bank FDs give 1 lakh insurance & what kind of insurance is it?

I think by "insurance" he mean that, FD in banks are insured upto 1 lakh for each customer. Which means anything in Fd more than 1 lakh will not be returned back to a customer by RBI in case of a BANK COLLAPSE.

Dont worry. This is not going to happen in India as RBI is monitoring all the banks very strictly except those chit funds and all.