10 Common Myths Surrounding Fixed Deposits and Earned Interest

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10 Common Myths Surrounding Fixed Deposits and Earned Interest

Though tax inefficient and not the best returns provider, Fixed Deposits (FDs) definitely deserve their own pie in your portfolio. This is one investment option which is simple, guaranteed, 100% liquid, monitoring free and risk free – all rolled in one. However simple you may think they are, there are many myths surrounding Fixed Deposits and the interest accrued from them. Let us remove some of those myths.

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