Corporate Fixed Deposits
Investing in a Fixed Deposit to grow your saving, with Stability and safety of principle amount.
Corporate Fixed Deposits are term deposits offered by companies that provide higher interest rates compared to bank FDs. They are a popular investment option for those looking for stable returns with minimal risk.
Benefits of Corporate Fixed Deposits:
- Higher interest rates than bank FDs
- Fixed and assured returns
- Flexible tenure options
- Tax benefits under Section 80C (for certain tax-saving FDs)
- Option for regular interest payouts
Systematic Investment Plan (SIP)
Systematic Investment plan, commonly referred to as an SIP, allows you to invest regularly a fixed sum in your favorite mutual fund schemes.
SIP is an investment method where you invest a fixed amount at regular intervals in mutual fund schemes. It helps you build wealth over time through the power of compounding and rupee cost averaging.
Advantages of SIP:
- Start with as low as ₹500 per month
- Benefit from rupee cost averaging
- Power of compounding
- Disciplined approach to investing
- Flexibility to pause, stop, or modify investment amount
Mutual Funds
Most people are learning about mutual funds as a means of investment. From putting one's money into fixed deposits or investing in real estate, people are becoming aware of mutual funds.
Mutual funds are investment vehicles that pool money from multiple investors to invest in a portfolio of securities such as stocks, bonds, and money market instruments. They are managed by professional fund managers.
Types of Mutual Funds:
- Equity Funds: Invest primarily in stocks
- Debt Funds: Invest in fixed income securities
- Hybrid Funds: Invest in both equity and debt
- Index Funds: Track a market index
- ELSS Funds: Tax-saving mutual funds with equity exposure
