i am new to this site. i find interesting discussion about NHAI bond.
my question is if i will invest in FMP which is less than 1 year – what would be tax liability at maturity amount.
Recently i invested 1 lacs in HDFC 92 D scheme.
second question is about SIP – my SIP is continue in 2 fund- HDFC top 200 and Reliance growth since last 2 yrs – but in both fund returns are in negative so may i switch to other group or should wait for some more time?
i like to switch it to ELSS scheme so at least it will give me Tax benefit.