Latest Breaking News On - Bout 95 of indian families prefer parking their savings in fixed deposits fd over mutual funds this is mainly because investing scheme does not involve market risks and ensures guaranteed returns furthermore - Page 1 : comparemela.com
Pune (Maharashtra) [India], March 13 (ANI/NewsVoir): According to a survey conducted by SEBI, about 95% of Indian families prefer parking their savings in Fixed Deposits (FD) over mutual funds. This is mainly because investing in this scheme does not involve market risks and ensures guaranteed returns. Furthermore, selecting Bajaj Finance as an investment partner ensures higher returns. Here are some reasons why individuals prefer FD as their investment instrument of choice. Why should investors open fixed deposits with Bajaj Finance? Some of the reasons why investors must park their funds in FDs with Bajaj Finance are as follows: - Extensive returns: Investing money in FDs with Bajaj Finance can provide returns of up to 8.20% p.a. for about 44 months. Furthermore, investors have the flexibility of dividing their investments into different FD accounts with variable tenures like 15, 18, 22, 30, 33, 39, and 44 months. This helps them to get access to higher FD rates and compounded return