Section 80CCF
This query is : Resolved
saravana kumar
(Querist)
13 July 2010
Investing in Long term Infrastructure bonds is financially viable or investing the amount in Mutual Funds? Rs.20000/-.
thanks and regards,
saravana.
thanks and regards,
saravana.
Sunil Kr. Sanganeria
(Expert)
14 July 2010
It depends on your risk taking capacity. In Infrastructure bond, the income will be restricted to the interest offered but in mutual fund it depends on the share market and on the performance of the Mutual fund in which you will invest. In mutual fund NAV may fall below your purchase NAV while in bond there is no such case.
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