Basics of Debt
Are you searching for an alternative investment avenue for traditional savings instruments? Have you heard about debt mutual funds? These are mutual funds which invest in fixed income instruments like commercial papers, certificated of deposits, corporate bonds, government securities etc. There are a wide range of debt mutual funds available for investment which investor can choose to invest based on their risk appetite and investment horizon.
Here’s a quick guide which tries to demystify the various jargons used in relation to debt mutual funds, categories of debt mutual funds and how debt mutual funds are tax efficient alternatives to traditional savings instruments.
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