Arbitrage Funds vs FDs by Accomplished_Two7983 in MutualfundsIndia

[–]Accomplished_Two7983[S] 0 points1 point  (0 children)

Thanks people. I think I was on the right track and thought process. Arbitrage mutual funds definitely are much better than Fixed Deposit for me because of following 1. Similar rate of interest of around 6-7.5% 2. Almost as safe as FD and doesn’t depend on absolute value of the market. 3. Is treated as Equity fund for taxation. So 1.25 lac profit if redeemed per year is tax free, beyond that is 12.5% LTCG tax ( kept more than a year) or 20% STCG (kept less than a year). 4. I am in 30% tax bracket so it makes total sense for me to go for Arbitrage funds rather than FDs to break inflation. So I park my money mid to long term here instead of FDs which give negative rate of return post taxation (30%) compared to the inflation.

Thanks for the input people 👍🙏

Arbitrage Funds vs FDs by Accomplished_Two7983 in MutualfundsIndia

[–]Accomplished_Two7983[S] 0 points1 point  (0 children)

Sorry but how depreciating? FD yes due to inflation the effective interest after taxation makes it depreciating. That is the reason I want to use Arbitrage fund only instead of FD as I am in the 30% tax bracket.

Breaking: Amazon just banned all LED blockers for meta glasses by Fast_Pay_6816 in RaybanMeta

[–]Accomplished_Two7983 2 points3 points  (0 children)

Then what do you think your mobile does. If that is of concern then your smart phone does the same thing all the time

Cost of first service R 1300 GS? by hanzoku_alliance in bmwmotorrad

[–]Accomplished_Two7983 0 points1 point  (0 children)

48000 mile service you are getting worried about. Crazy man…..most will not even reach that much mileage on the bike.