Company Fixed Deposits offer higher Rate of Return

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THERE The increase in the dividend distribution tax (DDT) on debt-oriented mutual funds has raised the tax impact that investors will feel on their investments in this area.

This makes the presence of several other competing options including company fixed deposits, as choices that need some consideration on the part of the individual. The change has opened up an entire area, which needs attention and hence the investor now needs to undertake some work as far as the choice for their investments is concerned.

Here is a look at the overall situation and how this can be tackled.

Comparative situation The increase in the rates means that the comparative situation with other instruments has narrowed because the tax rate has gone up in the debt oriented mutual funds. This has brought instruments like company fixed deposits back on the radar of the investors, as these are no longer at a big disadvantage on the tax front. The first thing that the investor need to do is to ensure that they select all the instruments that might be suitable for their needs at a single place and then look for the right option that will be appropriate for them. Company fixed deposits are slightly higher on the risk scale because of the nature of the instrument whereby, there could be default by the company issuing the deposit and the investor might not have any security to enforce the recovery of the investment or the returns promised. consider before they move their money to this area.

One is that the quality of the company that is actually issuing the deposit is very important as the safety of the amount invested depends upon the nature of the company. The interest rate that is offered should not be the only factor, as companies that are not in very good financial shape might offer higher rates to the investors, but then the ability to get this amount on a regular basis as well as recover the capital back is something that the individual needs to check. The time period that is taken for the deposit is also important in the sense that locking the investments into a very long time period might not be the best thing to do as this could result in a situation wherein if things go wrong in the interim period then again there could be some worries that might arise. The individual has to ensure that the tension that they face is minimum and hence this will ensure that their experience is also good.

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