Before you choose a debt fund, know these things

ET Online

Nov 1, 2021

​Debt funds?

Debt funds are mutual funds that invest your money in fixed-interest generating securities.

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​Different types

These include government and corporate bonds, debentures, other money market instruments.

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​Lower risk

Good option for investors with low risk tolerance; not as volatile as equity investments.

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​Maturity period

Longer the maturity period for the debt fund, higher the risk of interest rates fluctuating.

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​Investment horizon

You may need to keep a long investment horizon for better returns/capital appreciation.

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​Best option

Fund that has a majority of high-quality bonds. Research before investing in funds that have lower rating.

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​Long-term taxation

Debt funds held above a year attract long-term capital gains tax of 20% and include indexation benefits.

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​Expense ratio

Opt for a fund where the expense ratio - charges of asset management company -- is minimal.

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​Diversify

Venture debt facilitates profitability and growth. More affordable than equity. Can offer high returns.

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To sum up

Debt funds are relatively one of the safest with predictable returns, increased liquidity, and convenience.

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