How does hubble plans compare to other saving options such as bank FDs or Liquid Mutual Funds?

December 20, 2022 9:45 AM

Bank RDs and liquid mutual funds, although safe & liquid in nature, give an annualised return of 3-5% p.a., which post deduction of taxes comes out to be 2.5-4% p.a. Returns on Hubble are fixed at 10% on each of your instalments with no extra fees, charges or taxes.

For e.g., On a deposit of ₹10,000 per month for 6 months, the earnings at the end of your tenure will amount to:
a. ~₹620 in a Bank RD - @3.5% p.a. return(1)
b. ~₹600 in a Liquid Mutual Fund - @3.4% p.a. return(2)
c. ₹6,000 in Hubble - @10% flat return

Essentially, you earn at least 10X more value on your savings when you save with Hubble, without compromising on safety & liquidity of your savings.


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