Target maturity funds vs Tax free bonds: Where should you bet? Tax-free bonds are bonds with tenors of 10 to 20 years that are issued by various PSU organisations and have interest that is not subject to taxation. Target maturity funds, on the other hand, are debt mutual funds that invest in a certain mix of government, corporate, or state development loans and securities.
Target maturity funds vs Tax free bonds: Where should you bet?
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