Saturday, 16 June 2012

Invest money in Fixed Deposits or Fixed Maturity Plans

Fixed Deposits offer a fixed rate of return in terms of interest. Fixed deposits offer a good interest rate and one can earn a good steady income from fixed deposits. You can invest in Bank fixed deposits or company fixed deposits. Following fixed deposits are open and one can invest in them.

Aashary Deposits from DHFL: Dewan Housing Finance Corporation Limited issued Fixed Deposits name Aashray Deposits offer 11% interest for a fixed deposits below Rs. 1 crore and 11.25% interest for a deposit more than 1 crore .This option is for 365 days and especially for trusts and society. For others the interest rate for 400days deposit is 10.75% if the FD is Less than 25 Lakhs and 11% interest for a deposit more than 25 lakhs. 11% interest for 36 months investment for any amount of deposit.

Platinum Deposit Plan from HDFC: HDFC Platinum Deposit Plan offers 9.75% interest for a fixed deposit for 15 months and 33 months.

Fixed Maturity Plans: The following Fixed Maturity plans now open in the market, fixed maturity plans are debt oriented mutual funds and the return is not fixed as Fixed Deposits. But these FMPs offer good return and there is not TDS will be deducted at source, but the return is taxable.

DSP BlackRock FMP - Series 55 - 12M for 12 Months opened on 15th June, 2012 and will be closed on 19th June, 2012.

HDFC FMP 1120D June 2012 (1) for 1120 Days opened on 11th June, 2012 and will be closed on 19th June, 2012.

HDFC FMP 92D June 2012 (1) for 92 Days opened on 15th June, 2012 and will be closed on 20th June, 2012.

HDFC FMP 92D June 2012 (1) for 92 Days opened on 15th June, 2012 and will be closed on 20th June, 2012

HDFC FMP 371D June 2012 (1) for 371 Days opened on 21st June, 2012 and will be closed on 26th June, 2012

HDFC FMP 91D June 2012 (1) for 91 Days opened on 21st June, 2012 and will be closed on 26th June, 2012

L&T FMP – VI (June368D A) for 368 Days opened on 15th June, 2012 and will be closed on 21st June, 2012

Reliance Dual Advantage Fixed Tenure Fund II - Plan D for Years opened on 15th June, 2012 and will be closed on 29th June, 2012

We strongly recommend that read details of each investment plan before investing in these plans.

Recent Posts

How to make profit from forex trading


Investment Beginners can join Investment Clubs


Savings, investments and wealth management service

No comments :

Post a Comment