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Saturday, July 01, 2017

Can Equity Savings Mutual Fund Replace Your FD?

By on Saturday, July 01, 2017

Can Equity Savings Mutual Fund Replace Your FD?

We all know that interest rates in banks have been coming down in the past and is expected to go down further. Under this situation many of you might be looking for investment products that have less risk and better returns than Fixed Deposits (FDs). 
In addition to that you might also want not to pay taxes on the income so generated. 

With all these features, we have a wonderful product in mutual funds. The category is called EQUITY SAVINGS or EQUITY INCOME FUNDS. 

These funds could offer you about 9-10% p.a and you need not pay taxes if held for more than 12 months. 

Dividend is also tax free. We suggest a holding period of 2-3 years. Read more about this by clicking the link below.

If you are interested in investing in these funds please call at  8939-117-522 or send us an email.

Prakala Team
Prakala Wealth Management Pvt. Ltd.
2/102, Third Street (First Floor)
Karpagam Avenue, RA Puram
Chennai – 600 028, India
Tele:   044 - 4202 0942,  044 - 42073710


Wealth Management • Financial Advise & Planning • Strategy & Business Consulting • Portfolio Restructuring • Mutual Funds • Share/ Stock Investments • Brokerage & Demat Accounts • Term Life Insurance • Health Insurance • General Insurance • Fixed Deposits • Cumulative Deposits • Capital Gains Tax Exempt Bonds • Tax Free Bonds • Recurring Deposits • Infra Bonds •  Corporate Bonds • PAN Application

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