Invest in debt funds for at least 3 years for income tax benefit2 min read 26 Jul 2018, 10:43 AM IST
You will get the benefit of capital gains indexation that will lower taxes on the profits from debt funds
I am 29 years old and want to invest a lump sum of ₹ 2- 2.5 lakh for 2-3 years. I am looking for returns that are better than what FDs give. I am considering investing in liquid funds through a systematic transfer plan (STP). Do I need to increase the time period to get better returns? Please suggest some good schemes.
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