Want regular income? Don’t go for debt funds
Imposition of dividend distribution tax lowers post-tax returns
Debt funds that usually generate higher returns over a medium term, are often considered a good alternative to your humble bank fixed deposits. But if you are considering debt funds as a substitute to bank deposits only for seeking regular flow of income by opting for the dividend option, think again. Here’s why:Where they differ? Debt funds are poor choices for investors seeking income generatio...
Read the rest of this article by Signing up for Portfolio.
It's completely free!
SIGN UP NOW
Investment alerts,End of day market reports, Market news analysis,External research reports and Technical calls
Daily update on Business and Market news via email
'Your Market Corner' Widget with personalized business and market news