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I took a personal loan of Rs.2.5 lakh for a period of 2 years. I have a portion of the loan (Rs.1 lakh) still with me. I wish to invest this in mutual funds so that by the end of 2 years, the profits I get will take care of the interest paid on this loan.

Personal loans are normally more expensive and should be prepaid before you consider investments

05 Dec 2008

Personal loans are normally more expensive and should be prepaid before you consider investments.



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