Fixed Income funds aim to generate “fixed” returns based on an interest rate by investing in various bonds and fixed-income securities and works in a very similar way as Fixed Deposit works. Our team can understand your financial situation, gather your requirements, and suggest you the right “fixed income” products based on your unique needs.
Fixed Income provides investors a fixed income on a regular schedule. They are most popular amongst investors as they are relatively less risky. Our team can help you to choose the best ‘fixed income’ product based on your needs.
Debt Mutual Fund
Debt mutual funds provide a steady income to investors and one can invest in fixed income securities such as treasury bills, government securities, corporate bonds or debentures, etc. The risks involved in debt mutual funds are lesser compared to equity schemes.
It is an investment scheme provided by banks and other non-banking companies. They offer greater returns as compared to savings accounts. Fixed deposits or FDs have a fixed tenure, hence the name.
Senior Citizen Scheme
This is a government-backed scheme primarily meant for the senior citizens of our country. This was launched in 2004, designed to provide financial security to senior citizens. This scheme is safe and reliable as it is totally backed by the Indian government.
In the case of tax-free bonds, the interest rate is totally tax-free according to the Income Tax Act, 1961. Herein, bonds can be sold anytime before maturity and can be held in physical form too.
Post Office Monthly Income Scheme
This is an investment scheme of the Indian Postal services. These are more suitable for investors who are looking for fixed monthly income but unwilling to take risks.