• If Investing in a DEBT fund there should be a simple expectation that the returns would be like Fixed Deposit. • If the risk-taking capability is high but wants to invest in debt funds only then it is better to opt for conservative hybrid funds. • If the debt funds are taken then one needs to consider the credit risk too. • The benefit of the debt fund is if that fund is kept for more than 3 years there indexation benefit is applicable. The tax impact is less. • The debt funds are easy to manage.