Dear Sir
1. I am a new investor kindly help in
(a) How are Debt Funds,Liquid,Short duration funds better than Bank FDs when the returns are about the same?
(b) Why are ELSS not recommended except for tax saving when the returns are same as other mutual funds?
(c) how to check your mutual funds and index fund performance? is the return generated the only indicator if invested time is same?
2. Request your indulgence please
1) Its just that a FD has a fixed date of maturity and breaking it half way could mean lower than expected return, you dont have this issue with a debt funds.
2) Because ELSS funds are expensive
3) Returns is a decent measure 🙂
Hope that helps.
Dear Sir
1. I am a new investor kindly help in
(a) How are Debt Funds,Liquid,Short duration funds better than Bank FDs when the returns are about the same?
(b) Why are ELSS not recommended except for tax saving when the returns are same as other mutual funds?
(c) how to check your mutual funds and index fund performance? is the return generated the only indicator if invested time is same?
2. Request your indulgence please
1) Its just that a FD has a fixed date of maturity and breaking it half way could mean lower than expected return, you dont have this issue with a debt funds.
2) Because ELSS funds are expensive
3) Returns is a decent measure 🙂
Hope that helps.