Experience with BetterInvest

[VGisHere]

Anyone has an experience investing with BetterInvest?
They seem to offer 18% pre tax returns.

Wanted to understand what is post tax return and the risk levels!

 

[yuvaneshmohan]

I have tried it for short term investments(30/60 days) deals. I got returns on time. They will detuct 10 percent of your earnings as TDS.
Note your actual tax is based on the income tax slab you are in.

 

[VGisHere]

Just for clarification, I’ve seen Investment options that offer 20-25% pre tax returns which reduces to only 10-12% post tax
And then even this 10-12% post tax return is subject to taxation.

So needed clarity if something similar is also there with BetterInvest OR is it actually 18% itself?

Additionally, 18% is quite a big return, why aren’t people hopping in to the same to grab such return?