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target maturity funds Tag

Personal Finance

Are Target Maturity Funds An Alternative To Bank FDs?

byfintooMarch 21, 2023

Fixed deposits are one of the oldest investment options that are considered safe, assured, and stable. Currently, on account of the rising inflation, the central bank of India has increased the repo rate quite a few times. As on 8th February 2023, the repo rate was escalated to 6.50%. While this has increased the burden of loan holders, it improved the interest rates received by bank fixed...