June 18, 2013 7:22 am
I would like to invest 1 L in SBI Debt Fund Series 366 Days instead of investing in an FD. Please let me know what do you think of this fund.
Thanks in advance!
FMPs are typically low risk and should fetch 7-9% pre-tax returns. Should be okay if you are in the 20% or 30% tax slab
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