Reliance Equity Savings Fund: A combo of safety and thrills
The fund offers debt-like stability in returns, with the tax advantage of equity funds
With the stock markets ruling high, investors with medium risk profile can shift part of their equity investments to relatively safer avenues.Equity Saving Funds, within the hybrid category, are fast gaining investors’ attention, given their tax efficiency and stability in returns. These funds combine debt, equity arbitrage and equities to offer better post-tax returns than bank fixed deposits.Cur...
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