5 replies on this article “Tax Saver Fixed Deposit”

1. Pingback: How investors are fooled by misleading advertisements - Indian Real Estate Forum - www.indianrealestateforum.com
2. Ranit Kundu says:

   November 20, 2012 at 1:19 pm

   I want to invest 3,00000 Rs. I want to invest for long term.
   I found SBI Tax saver Fixed Deposit for 3 yrs @ 8.50%.
   Please let me know for better investment than SBI FD.

   Reply
3. Jipal Shah says:

   June 6, 2012 at 11:13 am

   Hi Ashal,

   Thanks for the reply!

   I want to invest for 5 yrs. I think, If I choose normal FD then it will be taxable at maturity compare to Tax Saver FD.
   I want to invest in one shot lumpsum 25000 Rs, not sure how good is to invest in Equity MFs in one single premium compare to SIP.

   Please advice.

   Thank you.

   Reply
   1. Ashal Jauhari says:

      June 6, 2012 at 12:41 pm

      Dear Jipal, for your kind information please – No matter it’s ordinary FD or Tax saver FD, the interest is taxable from both FDs. Yes you can save a bit of tax while investing in Tax saver FDs at the time of investment but that’s limited to that over all limit of 1L Rs.

      Thanks

      Ashal

      Reply
4. Ashal Jauhari says:

   June 3, 2012 at 4:13 pm

   Dear Jipal, why are thinking only FDs & not Eq. MFs? For 10-15Y term, the Eq. MFs may provide far superior returns. Also why did you opt for Tax saving FD & not the normal FD for 10Y term?

   Thanks

   Ashal

   Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.