ICICI and other banks reduced RD, FD rates, and gold is on high

POSTED BY Pawan ON September 11, 2012 5:19 pm COMMENTS (3)

Dear Ashal and experts,

today RD andFD rates of private banks droped by 0.5%, gold is on high, and equity on steady state , what should be the bet now, (If I suppose to invest some money for short and some for long term.)???

PPF is giving more than RD,FD.

how does this senario affect debt MF returns?

3 replies on this article “ICICI and other banks reduced RD, FD rates, and gold is on high”

  1. Pawan says:

    Dear Ashal,

    For long term equity MF and for short term Debt MF, I understand that. But
    My worries are that for short term I am investing in FD and Rds, and as their rates have gone down , so I have to plan for Debt MF , but does their return rates are directly proportional to bank rates or inversly proportional, Or are they not interrelated.

    for long term child education and retirement , I am going with equity MF, and PPF (expecting good returns and tax efficient also).

  2. Pawan

    What exactly is your question ? Why are you asking this question at the end of the day . I mean to say, how does this short term change and the situation at the “moment” going to severely impact your long term plans ? Do you fear that ?

  3. Dear Pawan, The time tested rule remain same, for short term, invest in Debt & for long term invest in Eq. Should I say more?

    Thanks

    Ashal

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