Debt fund or FD: What should NRIs choose?

Both fixed deposits and debt funds are considered relatively safer investment options than equity funds. But which of the two can be preferred? Debt mutual funds can be generally chosen over fixed deposits, specifically if their holding period is more than three years. That is because, with such a broad holding period of over three years, these funds become more tax efficient. Additionally, debt mutual funds (generally) generate higher returns and also provide liquidity. By liquidity, it is meant that the investors do not have to commit to any time or duration of the investment. That means, they can redeem the money whenever they want. But in case of fixed deposits, one nee

This article was originally published on October 21, 2022.