Sanchay Deposit Scheme is a fixed deposit offered by LIC Housing Finance Limited (LIC HFL) that offers monthly, yearly, and cumulative interest payment options. The finest aspect of this deposit programme is that CRISIL has rated LIC Housing Finance Ltd's SANCHAY deposit scheme FAAA/Stable since its introduction.
In the short term, heightened volatility may result in lower performance across sectors and market segments, but ICICI Securities remains bullish on the midcap/small-cap segment over the medium to long term.
When it comes to short to long-term investments, recurring deposits are often preferable to debt investors since they allow for monthly installments similar to SIPs and prevent lump sums. The lowest term for recurring deposits is usually six months, while the maximum duration is ten years.
Indians, across income groups and geographies, have a long way to go when it comes to financially securing themselves for a comfortable retirement, suggests a new survey by Sambodhi Research and pinBox Solutions
The Sebi circular considered the recommendations of the Mutual Funds Advisory Committee on the back of growing interest for passive investment products that are characterised by transparency, diversification, and lower cost compared to active funds
In a floating rate loan, the borrower bears the risk if rates move up and gets rewarded when they decline. In a fixed rate loan the lender bears the risk. To compensate for this risk, lenders charge 75-100 basis points higher interest on fixed rate loans