Do "Fixed deposits" give returns?

[jackolsen]

@theonekingjesus ankur was the the one who suggested vauld investing and that vauld has ran away with peoples money ..so keep worshiping people and ingesting thier excrete your capital will grow !!

 

[theonekingjesus]

@jackolsen Was sarcastic ;/

 

[victory21]

@susanitaq8 It's a safe bet and the returns are guaranteed with a very low level of risk. Mutual funds or shares give higher 'returns', but they are not guaranteed, carry much higher risk and are also taxable.

It all depends on your risk appetite and portfolio setup.

In 2012/13 FD rate was 10%, compounded quarterly and was a better investment than debt funds, especially for NRIs who don't pay tax on FDs.

 

[cloudlessulfer]

@susanitaq8 Now days many Small Finance banks(Scheduled Commerical) are offering interest rates upto 9.5% par annum which will beat the inflation and also their is very good andriod app which gives comparsion of all indian banks Fixed despoit and saving rates. you can directly download from play store by clicking on below url.

https://play.google.com/store/apps/details?id=com.quikrinfo