POSTED BY November 12, 2012 11:30 pm COMMENTS (6)ON
I have following queries about debt funds –
1. What is the difference between Short Term Debt fund and Ultra Short Term debt funds? Any differences in the Entry/Exit Loads? How many days does it take for redemption?
2. What are different maturities available in the FMP? How good are FMPs over FDs for someone falling in the 10% tax bracket? What are the average/median returns of FMP, for say 1 year maturity?
3. In case of liquid funds, what are the entry/exit loads? What are the tax implications? In which situation is it advisable to park your money in liquid funds than to keep it in Savings account? How fast is the redemption process for the same?
4. Reliance MF has started Any Time Money Card where you keep your money in one of RMF’s liquid scheme. Any reviews available of this scheme? What are issues related to such products?