Can you suggest debt funds giving tax free returns

Investing in any mutual fund scheme has some amount of risk. For example, liquid funds have the least risk while mid and small cap funds has the most risk.

Therefore, no one can suggest you 'secured' debt funds. Please also note that debt funds do not give tax free returns. Profits made from debt funds within 3 years are treated as short term capital gains and taxed at the tax rate applicable to you. Profits made after 3 years is treated as long term capital gains and taxed at 20% after indexation.

However, debt funds provide better tax efficient returns than fixed deposits as you can find from the following research tools -

https://www.advisorkhoj.com/mutual-funds-research/fixed-deposit-vs-debt-funds

https://www.advisorkhoj.com/mutual-funds-research/liquid-funds-vs-savings-bank

You can see the top performing debt funds from this link https://www.advisorkhoj.com/mutual-funds...

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