Need A Financial Product Forums Trading/Investments Should I use HUDCO tax free bonds for continuing SIP

This topic contains 1 reply, has 2 voices, and was last updated by  Grijesh 3 years, 3 months ago.

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    I am earning Rs. 15,000 monthly and investing Rs. 2,000 in MFs through SIP for 20 years. But there is lot of uncertainty of my job. I don’t want to put breaks to SIP because of job loss. For that reason I am planning to invest in HUDCO tax free bonds for 20 years with an annual rate of interest of 9.01% so that I can invest the interest amount in SIP. Please provide your most valuable inputs for my planning.


    Arun Kumar

    Rather than investing in HUDCO, invest the lump sum in same mutual fund in which you are currently investing.

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