Company Deposits
A Fixed Deposit (FD) is an investment where an individual deposits a lump sum amount with a financial institution for a specific period. The amount deposited earns interest at a fixed rate set at the time of opening the FD. Investors can choose to receive the interest earned on a monthly, quarterly, half-yearly, or annual basis, depending on their preference.
How does an FD work?
When individuals open an FD Account, they need to deposit a specific amount. When individuals open an FD Account, they need to deposit a specific amount of money for a predetermined period. The amount deposited should not be withdrawn until the maturity of the deposit. The period of investment can range from 7 days to 10 years, depending on the investor’s preference.
The interest rate offered on an FD depends on the period of investment and the amount deposited. The longer the investment period, the higher the interest rate and the higher the interest earned. The interest earned on an FD gets credited to the investor’s Account or gets reinvested in the FD at the end of the tenure.
Features and benefits of a Fixed Deposit (FD)
Drawbacks of a Fixed Deposit (FD)
Types of Fixed Deposits
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Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
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