While equity mutual funds offer potential to build wealth over the long term, debt funds add to the stability and liquidity.
It is often prudent for the investor to invest in the shorter end of the yield curve, where volatility is lower
Small finance banks comparatively offer higher interest on FDs than major banks to attract more customers.
Senior citizens should be doubly cautious about financial fraudsters and should not put their money in unknown instruments.
A few private banks and small finance banks are offering higher interest rates to attract new deposits.
In this scheme, the tenure and the investment amount are fixed but the interest rate varies from time to time.
Senior citizens can avail ICICI Bank golden FD facility till April 8, 2022.
Money9 Helpline hosted Priyanka Ketkar, Director of Purplefinch to help you understand on what basis should first-timers do financial planning.
When planning to invest in guaranteed return plans, it is always suggested to buy it online due a plethora of benefits available here.
Rahul Jain, President & Head of Edelweiss Personal Wealth, explains that according to the size of the company, interest is available on the loan