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.
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.