FIXED DEPOSITS
Investing in fixed deposits (FDs) is a popular choice for individuals looking for a safe and secure investment option. Fixed deposits are offered by banks and financial institutions, where you deposit a certain amount of money for a fixed period at a predetermined interest rate. However, bank FDs do not beat the inflation rate.
On contrary, FDs offered by certain Financial institutions and corporates beat the inflation rate, which can be beneficial in your investment journey. Earn highest returns with high safety/stable ratings from ICRA and CRISIL.
It is important to note that before investing in fixed deposits, assess your financial goals, investment horizon, and risk tolerance.
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