Choosing between investing in a fixed deposit or an investment bond requires careful deliberation, and evaluation of the advantages and disadvantages of both these investment vehicles. The success of any investment tool ultimately depends on how well it meets your requirements.
While FD interest rates are much higher than investment bonds, investment bonds offer more tax benefits.
To understand the difference better, take a look at the details of each investment option.
For those looking to grow their savings in a safe investment avenue, Fixed Deposit is a preferred avenue. Here’s a look at its features and benefits :
Investment bond is also a great option for those looking to reap tax benefits and grow their savings. Read on to know more.
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Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments.
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