Where to invest to pay off a car loan early?

Can you suggest any specific funds to plan repayment of a car loan of about Rs 7 lakh before seven years? Is PGIM India Midcap Opportunities Fund a good option by booking profits every three years? - Aditya B It is good that you are planning to pay off your car loan early. However, it is discouraged and generally not advised to take a loan for a depreciating asset, like a car, in the first place. But since you want to pay off your loan in seven years' time (which is considered a short to medium time period), you can look

This article was originally published on December 19, 2022.