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FD vs Debt MF

Compare post-tax returns of Fixed Deposits and Debt Mutual Funds

Investment Details
Enter your investment parameters
₹10,000₹1 Cr
%
1%12%
%
1%12%
1 year30 years

FD Tax Treatment: 10% TDS is deducted from interest annually. Additional tax (as per slab) is payable on interest accrued each year.

Debt MF Tax Treatment: Gains are accumulated and taxed only at redemption based on your tax slab.

Better Investment Option

Debt Mutual Fund

+₹3,063

XIRR Difference: 0.23% higher returns

Fixed Deposit

Net Maturity Value

₹6,43,105

Post-Tax XIRR

5.03%

Gross Maturity₹7,04,436
Gross Interest₹2,04,436
TDS Deducted (10%)-₹20,444
Extra Tax (above 10% TDS)
-₹40,887
Net Returns₹1,43,105
Debt Mutual Fund
Winner

Net Maturity Value

₹6,46,169

Post-Tax XIRR

5.26%

Gross Maturity₹7,08,813
Gross Gains₹2,08,813
Tax at Redemption (30%)-₹62,644
Net Returns₹1,46,169
Understanding the Comparison
Why one investment performs better than the other

Investment Amount

₹5,00,000

Fixed Deposit

Interest Rate7% p.a.
Gross Returns+₹2,04,436
Total Deductions-₹61,331
Net Returns+₹1,43,105

Debt Mutual Fund

Expected Return7% p.a.
Gross Returns+₹2,08,813
Tax at Redemption-₹62,644
Net Returns+₹1,46,169