FDs, SIPs, crypto, or gold? What’s best investment option for women
2 years, 3 months ago

FDs, SIPs, crypto, or gold? What’s best investment option for women

Live Mint  

The right choice of investment can lead up to value returns on your hard-earned money. ICICI Bank and HDFC Bank's highest rate is on 3 years 1 day to 5 years tenure at 6.10% for general citizens and 6.60% to senior citizens. Axis Bank's rate is highest at 5.75% to the general category on 1 year 11 days < 1 year 25 days and 5 years to 10 years tenure, while it offers a 6.50% rate to senior citizens on tenures starting 1 year to 10 years. IndusInd Bank's highest rate is 7.50% for senior citizens 1 Year 6 Months below 61 months, while the rate is 6.75% for the general category on these tenures. Dr VK Vijayakumar, Cheif Investment Strategist at Geojit Financial Services pointed out that women mostly invest either in bank deposits or buy gold and miss out eventually on the best asset class.

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