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FDs good for non-tax payers & FMPs for tax payers: Roongta

Harsh Roongta of apna-paisa.com says if one is looking at investments for the short-term then fixed deposits (FDs) are best investments, especially, if the investor is not paying taxes.

September 10, 2013 / 16:55 IST
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Harsh Roongta of apna-paisa.com says if one is looking at investments for the short-term then fixed deposits (FDs) are bests investments, especially, if the investor is not paying taxes.


However, if one can take slightly higher risk for higher returns then they can look at investing in Fixed Maturity plans (FMPs), especially if he is paying taxes.

first published: Sep 10, 2013 04:55 pm

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