Mango Millionaire: Smart Money Management for a Sweeter Life by Radhika Gupta & Niranjan Avasthi

Author:Radhika Gupta & Niranjan Avasthi [Gupta, Radhika & Avasthi, Niranjan]
Language: eng
Format: epub
Publisher: Pan Macmillan
Published: 2025-07-15T00:00:00+00:00

Always remain in CTRL – Credit, Tenure, Return, and Liquidity – to keep your investments in check!

When you’re putting money into fixed-income investments, don’t just look at the big, shiny pre-tax return number. The post-tax return is what really matters because taxes can eat into returns more than you might anticipate. Sometimes, a slightly lower pre-tax return on tax-efficient options like PPF, or National Savings Certificate, can actually leave you with more in your pocket, depending on your income tax bracket.

Types of Fixed-Income Instruments

Type of Instrument To Whom You Are Lending What You Get

Government Bonds Government Low-risk, steady interest payments backed by the government

Corporate Bonds Corporations Higher returns but with increased credit risk

Bank Fixed Deposits (FDs) Banks Guaranteed interest over a fixed tenure with safety and predictable returns

Small Savings Schemes Government-backed schemes Guaranteed returns, tax benefits like 80C, long-term security through schemes like PPF, NSC, SCSS

Company Fixed Deposits Corporations Higher interest rates than bank FDs, but with greater credit risk

If tracking credit ratings and picking investments feels like too much work, don’t worry! You can let the pros handle it by investing in a debt mutual fund (more on this later). It’s like hiring a personal curator for your money – they do the hard work and choose the best options for you, while you enjoy the returns stress-free.

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