Top Reasons why FDs are a Must in your Portfolio

One of the most popular financial products that most banks provide to their clients is the fixed deposit or FD. Because it is safer than equity investments, it is a preferred type of investment. And before you invest any money, you already know the returns. If you want to minimize your risk, it is a secure investment. Additionally, it can assist you in achieving your long-term financial goals, such as retirement planning, home ownership, and paying for a child's education. This article is about the top reasons why FDs are a must in your portfolio.

Are there any Indian Banks in Japan

There are currently over 40,000 Indians living in Japan as Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). They can avail a wide range of banking and investment services provided by Indian banks, online and at branches. While non-residents can avail NRI banking services online from all leading Indian banks, some banks also have physical presence in Japan. Listed below are two Indian Banks in Japan, operating through their physical branches.

The Battle Between SIP and Luxury

Customers are delaying buying luxury cars because they want to keep investing through systematic investment plans, according to Santosh Iyer, who will take over as the CEO and MD of Mercedes-Benz India in January, in an interview with The Times of India. SIPs are a common approach to investing in mutual funds (MFs), particularly equity MFs. Iyer wants to make the point that instead of purchasing pricey cars, people prefer to keep investing in MFs through SIPs. The SIPs are “our rivals”, according to Iyer.

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