Ask Us, on investments — July 25, 2021
Aarati Krishnan Q. I am a 21-year-old medical student. I have started a recurring deposit (RD) with the ₹1,000 that I save every month. Now, I want to start investing. What options would you suggest? Am I eligible to invest in stocks and mutual funds (MFs)? Since investment gains are subject to taxation, what rules will I be subjected to if I start investing at this age?Sharan D.A. As you are 21 and a major, you can certainly invest in any instrument of your choice, including shares and mutual funds,
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