Company Fixed deposits earn a fixed rate of return over a period of time. Financial institutions and Non-Banking Finance Companies (NBFCs) also accept such deposits. Deposits thus mobilised are governed by the Companies Act under Section 58A. These deposits are unsecured, and hence incase of any default by the company , the investor cannot sell the company to recover his capital, thus making it a risky option ofinvestment. Company Fixed Deposits are adequate for regular income with the option to receive monthly, quarterly, half-yearly, and annual interest income. Moreover, the interest rates offered are higher than banks.
Mutual Funds are hot favourites for investors today as they satisfy all types of investment needs. In fact, it is a time tested approach of creating wealth in the long run. So, if you want to invest in mutual funds, RR offers you all investment choices under one roof. You get a personalized service backed by our in-depth information and incisive research to get smart returns.