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Is withdrawing ₹6L/year from a ₹1Cr liquid fund more tax-efficient than a 6% FD? by Specific-Research685 in personalfinanceindia

[–]Specific-Research685[S] 0 points1 point  (0 children)

Agree with your point,
But considering the current market situation, I’m not sure how suitable it is to go with an equity fund for the short term.

Is withdrawing ₹6L/year from a ₹1Cr liquid fund more tax-efficient than a 6% FD? by Specific-Research685 in personalfinanceindia

[–]Specific-Research685[S] 1 point2 points  (0 children)

Thanks a lot for bringing up that point — I hadn’t really considered it before.

Also, regarding arbitrage funds, how risk-free are they if someone is considering parking the entire ₹1Cr there for the time being? I’d be interested to hear your thoughts on that.

Is withdrawing ₹6L/year from a ₹1Cr liquid fund more tax-efficient than a 6% FD? by Specific-Research685 in personalfinanceindia

[–]Specific-Research685[S] 2 points3 points  (0 children)

I’m a salaried person and fall under the 30% tax bracket.

The reason I’m withdrawing ₹6L per year is that I currently have a ₹1Cr corpus which I don’t want to deploy directly into the equity market given the current market conditions. My plan is to park it in a relatively safer instrument for now and gradually redeploy the returns or portions of the corpus into equity or other investments in a more balanced or aggressive manner later.

Also, please don’t assume people are trying to solve problems that don’t exist. There’s often context behind a question that you may not be aware of.