Debt forms an integral part for any good asset allocation
Comparison with FD for the same investment and tenure
Assumption : # Rate of Return/Interest assumed @8% | # Minimum Time Duration is 3 Years | # Investor Under Highest Tax Bracket - 30% # Debt MF will attract Cost Indexation benefit of @20%, so an investor will save tax outgo even if rate of return is same with Bank FD.
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