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Bond Baba: A Bank Bond That Gives 9.8%, Better Than Its Own Deposits, or Bond Funds?


In Bond Baba today we ask you one question: Do you like FDs?

Okay, maybe you like FDs. Fixed Deposits. When you put your money with a bank and it comes back with an interest rate. And then, you pay tax on that interest and so on.

Many of us buy them, but there's a distinct disadvantage. The interest on fixed deposits is taxed as income in your tax slab. So, if you get a 8 . . .

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