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Tuesday, January 12, 2016

Corporate Fixed Deposits for 2016

 

Corporate Fixed Deposits are one of the many money raising tools for Companies. Through these, Companies raise money from the public and offer a fixed rate of interest for different tenures. The amount of money which can be raised is decided by the Approving authorities.

As a part of your portfolio, Corporate Fixed Deposits provide much needed stability in returns and also reduce volatility. They best suit investors who prefer fixed returns on their investments. Prajna Capital offers top rated FDs with varied duration and interest rate.

Other General Features:

  • These have periodic interest payment option (Monthly, Quarterly, Semi Annually, Annually) and Cumulative option (Compounded and paid at maturity) specific to the deposit.
  • They offer higher rates of interest than regular bank deposits.
  • Issue is rated by Independent Rating agencies like CARE, CRISIL, ICRA etc.
  • Some Fixed Deposits can be bought online
  • No TDS if interest is up to Rs. 5000 in a single financial year.
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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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