Your parents don’t want you to invest? 🫣. #finance #shorts #investing
Published July 3, 2023, 5:20 a.m. by Courtney
Not to worry, introduce them to Debt Mutual Funds. These are safe investment instruments which beat inflation and protects the value of your money.
Debt funds are tax-efficient as compared to fixed deposits. The interest from bank fixed deposits are added to your taxable income and taxed as per your income tax bracket. However, Debt Mutual Funds provide the benefit of indexation with lower tax rate @ 20%
#finance #shorts
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