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Before getting into when a fixed deposit functions as effectively as a debt mutual fund, it is imperative to first understand these two financial products. Both are handy saving scheme in India which can help you earn higher returns. Debt Mutual Funds are those which primarily invest the money of the investors in a particular portfolio comprising of fixed income or debt securities including government securities, Fixed Deposit, Finance Bank, Tax Forms, Money Market, Financial Instrument, Finance Saving, Gold Tips, Tax Deductions, Savings Plan

When A Fixed Deposit Is As Good As a Debt Fund

Before getting into when a fixed deposit functions as effectively as a debt mutual fund, it is imperative to first understand these two financial products. Both are handy saving scheme in India which can help you earn higher returns. Debt Mutual Funds are those which primarily invest the money of the investors in a particular portfolio comprising of fixed income or debt securities including government securities,

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Only eight months back depositors had no option but to book their FDs at the lowest interest rates seen in the last two decades. For existing depositors it could be quite a tempting proposition to withdraw an FD and deposit the money with a bank offering a higher interest rate. Should you break all the old fixed deposits and rebook a new one at higher interest rates? Growing Wealth, Ladder Of Success, First Bank, Adornos Halloween, Finance Bank, Retirement Income, Dividend Stocks, Savings Bank, Senior Citizen

When will breaking your FD to reinvest be profitable for you? Find out here

Only eight months back depositors had no option but to book their FDs at the lowest interest rates seen in the last two decades. For existing depositors it could be quite a tempting proposition to withdraw an FD and deposit the money with a bank offering a higher interest rate. Should you break all the old fixed deposits and rebook a new one at higher interest rates?

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