Better Alternatives to Fixed Deposits
Looking for better alternatives to FD? Explore avenues that have given higher tax-efficient returns.
Service Description
Most of us want to get the best possible returns on our investments, yet at the same time ensuring that the investments grow with more stability and less volatility. Bank and company FDs are good for stable growth of investments but give a low return that barely matches inflation, while equity markets have given much higher returns over time but are more volatile. At the same time, FD interest is taxed as per your highest tax slab every year irrespective of whether you redeem it or not, while mutual funds are taxed on the gains only at the time you actually withdraw it and that too at beneficial tax rates offered by some categories of mutual funds. In such a scenario, you may have questions like: ➡️ How can I maximize my investment returns and at the same time not expose it to too much volatility? ➡️ What are the alternatives to FDs that will help me minimize my tax outgo? ➡️ How can I increase diversification of my investments conveniently in relatively stable avenues, rather than investing in FDs of just a few banks or companies? ➡️ What categories of mutual funds are suitable for deploying my retirement corpus for steady monthly income via SWP (Systematic Withdrawal Plan)? To discuss how we can optimize your investment returns in a tax-efficient way, book an appointment now!
