I am trying to collate the +/- for FMP and Debt funds and their benefits over each other… as per my research, in most cases I see that the Debt funds come out as clear winner except for the situation if interest-rates change a bit on the upward side, this situation will favour FMPs. Can you pls ratify my understanding?
Also, can you give some reasons why debt fund should not be the long term (5-8 years) investments?
One more thing, that both FMP and Debt fund would be eligible for indexation, but not the bank FDs as per Feb 2013 budget. Is that an accurate statement?
Thanks so much for your time and for everything that you do for society!