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Should I renew the FD on maturity or reinvest in Debt Funds ?

One of the bank FD on my wife’ name (~Rs 40000) is maturing in coming month. She is a homemaker now and no direct source of her income currently. She doesn’t want to invest in equity MF due to fear of loosing money. The money is not really needed immediately. Would you suggest if FD should be renewed at bank (~9%) or put in some debt funds? thx

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