DWQA User Profile SunnyQuestions(1)Answers(0)Posts(0)CommentsDear Srikant, my father wants to gift his grandson, just turned 18, about 20 lacs of his FD. SBI Bank advised to put money in their Magnum balanced fund instead of an FD in son's name to avoid tax implications. Can u give your views on best possible route. ThanksOn Answer for Lump sum Investment optionsCrop
