Investment opinion: suggestions for instruments for fixed/assured return due to falling FD rates
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As we all are aware RBI is continuously reducing repo rate which results in reduction of fixed deposits interest rates as low as 5.1% per year on 1 year deposit …. If you have suggestions for better investment prospects please share with details….
I.e. 6-1.8=4.2%
Go for Gold ETF. The safe and liquid investment opportunity.
The only debt fund I invest is sukanya samriddhi scheme. Those who have a girl child can invest, but the lock in period is too long.
Look for bond funds/ long time liquid funds, can get up to 12% to14% on long time. One on my portfolio Birla fund 9% working out.
Can you suggest specific funds that offer good yields
Go for fd at big bazzar, they are giving 9.35% return.
How is Nippon India gilt securities fund?? I’m personally investing in it through Paytm money .. Data shows it gives returns around 11% cgr for 3 to 5yrs… Also suggest how is Paytm money for investment purposes as I’m using it for all my mf investments
Any reviews on these Companies FDs
Bajaj Finance, Mahindra Finance, Shriram Transport Finance Ltd, HDFC Ltd
I have done a FD in Mahindra Finance last year. That time the interest rate was 9% PA for 33 months.
The good interest rate of 7.75% RBI Bond withdrew by government.
& Now it is replaced by floating rate. 0.3% above the NSC rate. current rate is 7.15%
For those who missed last time RBI bond, can think of it.
New bond launched? Please give link for details
Investing 5-10 lacs in Sovereign gold bonds in current situation is worth ?
Coz I have 2 options either Fd or this .
Looking for a stable field to park the money.
Could anyone suggest anything ?
Please don’t suggest Business and all.
Gold mutual funds are worthy ?
Go for sovereign gold bond over FD especially in current times but keep in mind min 5 years for exit & 8 years lock-in period. Gold MFs are good if you plan on actively trading in them 2-3 years from now but if you want a buy it & forget it solution then sovereign gold bond is better.
For now, Bank FDs suck, but still the safest place to park money for easy access
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Anyone has idea about the Sweep in a facility of HDFC bank?
Note if FD interest rate is 6% – Effective interest rates comes to 6% – 30% (tax) i.e. 6% – 0.18% = 5.82%
saving bank interest are tax free till 10k