Summary:
Pune, Maharashtra, India (NewsVoir) There is always an air of uncertainty around market-linked investment instruments and it became amply evident on Monday with Sensex tanking by more than 900 points.
And while there is no denying that investment options like Mutual Funds and stocks usually offer good returns, they also come with the risk of eroding the principal amount.
Since wealth building is a systematic process, investing in a sound financial tool is crucial for securing one’s savings.
Fixed deposits have been the traditional favourites of Indian investors.
According to various surveys conducted by RBI and SEBI over a period, a significant chunk of the Indian investors still prefers to invest in bank deposits.
And for those looking at such investment options, Bajaj Finance Fixed Deposit offers good returns without the risk of market fluctuations.