How SWP in Debt Mutual Funds is better than Fixed Deposit for Regular Income?

SWP in Debt Mutual Fund is Better than Fixed Deposit or Annuity to generate Regular Income Fixed deposit with banks are the most popular investment option for regular income after retirement. But with interest rates going down retirees have started exploring other options. Systematic Withdrawal Plan (SWP) in debt fund is one such option which retirees and people looking for regular income must evaluate. As per your SWP instructions to mutual fund, […] Continue reading →

7 High Rated Companies Offering more than Bank Fixed Deposits – December 2017

High Rated Companies Offering more than Bank Fixed Deposits The interest rates offered by banks on their fixed deposits have come down significantly in last few months. Most banks are offering interests in the range of 6% to 7% on their fixed deposits. This has created problem for people who depend on bank fixed deposit for their income. However some best rated companies and institutions […] Continue reading →

SBI Recurring Deposit Features & Interest Rate – December 2017

SBI Recurring Deposit Below are the features, interest rates, maturity amount along with other details for SBI Recurring deposit. SBI Recurring Deposit Scheme – Features: Maturity from 12 to 120 Months Nomination facility available The minimum amount of monthly installment shall be Rs 100. The amount of installment and number of installment can not be changed after opening of […] Continue reading →

10.4% Kosamattam Finance Ltd NCD – Dec’17 – Should you Invest?

Kosamattam Finance NCD – December 2017 Kosamattam Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.47% interest rate. The issue is already open for subscription and closes on December 29, 2017. Kosamattam Finance Ltd is a Kerala Based NBFC engaged in gold loan finance business. They lend money against the pledge of household Jewellery in the state […] Continue reading →