Ajax - Looking for a resource where it has ever...
Looking for a resource where it has everything I need to know about when it comes to investing in FDs and it's variants
I already know the basics but wanted to see if there's one that puts everything together without any bias
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Note that if you are earning you should not have much in any form of fds in the first place (also, it would not be a significant portion of your total investment anyway).Well my brother's insisting on it despite me showing how Liquid MFs are a much better option for short term investing sooo, since thats what seems to let him sleep at night I don't have an option Thanks!...
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Unknown User•3w ago
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I looked into sweep/flexi FDs and regular FDs, the use case for each made sense but then I saw floating FDs then wanted to know what it's about.
Also, does the 5 lakh insurance by government mean I could put FDs into small finance banks for more returns or is the claims process not worth that effort?
Lastly, what are the things I should actually look into when it comes to picking a bank for FDs?
Unknown User•3w ago
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Solution
Note that if you are earning you should not have much in any form of fds in the first place (also, it would not be a significant portion of your total investment anyway).Well my brother's insisting on it despite me showing how Liquid MFs are a much better option for short term investing sooo, since thats what seems to let him sleep at night I don't have an option Thanks!
Unknown User•2w ago
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I see, and the same goes for Debt MFs.
No one in our family has over 12LPA for now either