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FD vs Debt Fund
Both taxed at your slab since Apr 2023 — compare post-tax.

Your Comparison

Same amount, same rate — see what changes after tax.

AmountInvested once in each
₹10,000₹10,00,00,000
Assumed ReturnSame rate for both — your assumption
1%15%
YearsHow long invested
1 yr30 yrs
Fixed DepositFor your inputs
₹6,42,684
Value after tax
Maturity (pre-tax)₹7,07,389
Tax at slab₹64,705
CompoundingQuarterly
Debt Fund
₹6,38,478
Value after tax
Value (pre-tax)₹7,01,276
Tax at slab₹62,798
CompoundingAnnual (assumed)
At the same 7% and your 30% slab, the FD ends about ₹4,206 higher after tax — mostly because the FD compounds quarterly here. Both are now taxed the same way. Based on your inputs — not a recommendation.
Read before you compare
  • Since April 2023, debt-fund gains are taxed at your slab — just like FD interest. We compare both AFTER tax.
  • An FD has DICGC cover up to ₹5 L per bank; a debt fund carries market, credit and duration risk — different risk, not comparable on return alone.
  • A debt fund is taxed only when you redeem; FD interest is taxed every year even if you don’t withdraw it — a real difference this simple compare leaves out.
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AI Insights

DhanRadar AI

Tax parity since April 2023 — debt fund gains are now taxed at your income-tax slab, exactly like FD interest. The old long-term indexation benefit is gone, so the tax difference between these two is now zero.

Compounding frequency is the only edge here — the FD compounds quarterly while the debt-fund model uses annual compounding. Over longer horizons that quarterly edge can widen the gap noticeably, even at the same stated rate.

The main question is risk vs guarantee, not tax. An FD locks in the rate and is insured. A debt fund can deliver more — or less — and has no guarantee.

For education only — not investment advice. Returns are your assumption; a debt fund’s value can move and is not guaranteed like an FD.

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Related Calculators

Calculations are estimates for illustration only and assume a constant annual return, which real markets do not provide. DhanRadar is a research & analytics platform, not an investment advisor. Mutual fund investments are subject to market risks.