A fixed deposit has the lowest risk in the portfolio of investment. Money is invested in a fixed deposit with a lock-in period and interest is given either at the end of the maturity date or as a regular payout.
Parking your investment in the correct Fixed Deposit in 2021 will ensure high fd returns on maturity and also a choice of regular interest payouts throughout the chosen tenure. To ensure high returns you must look for an FD scheme with a high-interest rate payouts For stable returns over time, investors should look for investing in Fixed Deposits. A fixed deposit is an investment to grow your savings and earn a higher rate of return than a regular savings account. It is offered by banks and NBFCs (Non-Banking Financial Companies). You May Also Like: Top companies that are offering best interest rates in FD Investment
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About Author:Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms. Archives
August 2022
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