Hi everybody,
please give some info on IDFC Infra bonds. I dont know anything about these bonds. My purpose is.. my section 80C limit is completed. So I want to invest another 20K in these bonds for tax saving. But is it a wise investment or trap in the name of tax saving. please comment.
in some site I was reading review that the tax adjusted returns from these bonds will be 14% approx p.a. Otherwise is it better to invest in some other Equity Diversified MF like HDFC top 200 etc.. keeping in view only the comparative rate of returns.
if investing in these bonds is correct, then with or without buy back? What is buy back?