Most of us has a fairly lazy investment pattern. In fact, it has been one of the biggest hurdles in our financial liberation. Banks have made money lending to us , our very own money, from our saving accounts which is idle. While we gloat over saving thousands of rupees in income tax using home loan concessions for taxes, we also need to see if there are open fissures in our portfolio.
For most of us have a very easy avenue of investment, which is fixed deposits. These fixed deposits are easiest to apply for but they have definite disadvantage of having very less return. Best of fixed deposits return maximum 9.75 or 10% of return, that too realized over a horizon of 4 to 5 years. From this reduce the cost of income tax and your returns are fairly down at 7% ( at the highest tax bracket of 30%). 7% return in these days of high inflation is not an increment in money rather decrease in purchasing power with passage f time.
At the same time, many of us have burnt our hands in stocks, some of us have burnt in mutual funds too, but that's the lesser number of folks. Stocks involve active attention for higher returns and Bank's fixed deposits are too miser t give any return.
Enter Corporate Fixed Deposit. Some thing between active intervention and passive under-earning. These fixed deposits give fairly good returns and have lesser volatility or risk than the stocks. Nowadays, many corporate fixed deposits are rated and you can see the risk associated with them. I'm listing them below . In future posts you will find more details about them.
1. Unitech Fixed Deposits - gives yield of as much as 15% per annum.
2. Jaypee Fixed Deposits - gives yield in excess of 13% per annum
3. SREI LTD- yield in excess of 12% per annum
4. Sriram Transport finance NCD is another good option for earning more than 10%
5. Muthoot finance Ltd NCD has a better yield.
So while you will have these NCD and Fixed Deposits give you good return. You need to log in to your demat or google out for more details. Or wait for the next few post for more details..
Happy Investing
For most of us have a very easy avenue of investment, which is fixed deposits. These fixed deposits are easiest to apply for but they have definite disadvantage of having very less return. Best of fixed deposits return maximum 9.75 or 10% of return, that too realized over a horizon of 4 to 5 years. From this reduce the cost of income tax and your returns are fairly down at 7% ( at the highest tax bracket of 30%). 7% return in these days of high inflation is not an increment in money rather decrease in purchasing power with passage f time.
At the same time, many of us have burnt our hands in stocks, some of us have burnt in mutual funds too, but that's the lesser number of folks. Stocks involve active attention for higher returns and Bank's fixed deposits are too miser t give any return.
Enter Corporate Fixed Deposit. Some thing between active intervention and passive under-earning. These fixed deposits give fairly good returns and have lesser volatility or risk than the stocks. Nowadays, many corporate fixed deposits are rated and you can see the risk associated with them. I'm listing them below . In future posts you will find more details about them.
1. Unitech Fixed Deposits - gives yield of as much as 15% per annum.
2. Jaypee Fixed Deposits - gives yield in excess of 13% per annum
3. SREI LTD- yield in excess of 12% per annum
4. Sriram Transport finance NCD is another good option for earning more than 10%
5. Muthoot finance Ltd NCD has a better yield.
So while you will have these NCD and Fixed Deposits give you good return. You need to log in to your demat or google out for more details. Or wait for the next few post for more details..
Happy Investing
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