Fixed Maturity plans, which invest in a portfolio of debt securities, offer a interesting tax benefit. By investing for a year and one day or 366 days, one can avail of ‘double indexation’.

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This means that your cost of investment will be taken at a higher value due to inflation, since it would be assumed that you have stayed invested for two years instead of one year.
Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator
Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator
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