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I am 40 years old. A couple of my FDs for ₹4 lakh will mature this month. While I have the option to renew them at 5-6 per cent per annum for the next three years, I want to consider investing the same in debt and arbitrage mutual funds. I understand that there are no guaranteed returns on MFs. I can park this money for the next 5-7 years.Please suggest what funds I can consider given the current...
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