{"id":1796,"date":"2024-04-25T06:01:55","date_gmt":"2024-04-25T06:01:55","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1796"},"modified":"2026-03-02T19:23:13","modified_gmt":"2026-03-02T19:23:13","slug":"can-i-invest-tax-saver-fd-in-a-bank-and-mutual-funds-simultaneously","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/25\/can-i-invest-tax-saver-fd-in-a-bank-and-mutual-funds-simultaneously\/","title":{"rendered":"Can I invest tax saver FD in a bank and mutual funds simultaneously?"},"content":{"rendered":"\n

You can invest in Tax Saver FDs which have a lockin of 5 years. But the returns are much less than an ELSS or Tax Saving Mutual Fund. The differences are:<\/p>\n\n\n\n

  1. ELSS has 3 year lock in vs Tax Saver FDs having 5 years<\/li>
  2. Returns are 15% long term in ELSS where as FDs have half of that. as a result an investor having a long term horizon will get 4x to 5x more corpus by investing in ELSS mutual funds.<\/li><\/ol>\n\n\n\n

    Make sure you invest only on Direct Plan Mutual Funds, else the broker makes a commission off your investment leaving you poorer by 40% in the long run!<\/p>\n\n\n\n\n

    \n

    Maxiom Wealth \u2014 Free Tool<\/p>\n

    Is Your Mutual Fund Working Hard Enough?<\/h3>\n

    Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.<\/p>\n Compare Funds \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

    You can invest in Tax Saver FDs which have a lockin of 5 years. But the returns are much less than an ELSS or Tax Saving Mutual Fund. The differences are: ELSS has 3 year lock in vs Tax Saver FDs having 5 years Returns are 15% long term in ELSS where as FDs have… Read More »Can I invest tax saver FD in a bank and mutual funds simultaneously?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[212,38],"tags":[],"class_list":["post-1796","post","type-post","status-publish","format-standard","hentry","category-mf-vs-fd","category-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1796"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1796\/revisions"}],"predecessor-version":[{"id":3333,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1796\/revisions\/3333"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}