Why invest in fixed deposits?

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Why invest in fixed deposits?

what-is-fixed-deposit-fd-and-benefits-of-investing-in-fd

A fixed deposit account allows you to deposit your money for a set period of time, thereby earning you a higher rate of interest in return. Fixed deposits also give you a higher rate of interest than a savings bank account. Any investment portfolio should comprise the right mix of safe, moderate and risky investments. While mutual fundsand stocks are the preferred contenders for moderate and…

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