Dear all,
I have a MF portfolio and investing in these MFs on monthly lumpsum basis. Now I am planning to diversified the investment and thinking to invest some of my amount in FD with an option of monthly payout to my bank account.
Considering the above I am confused between company FD and bank FD for safe investment. I have checked IDFC bank FD, NBFCs like Mahindra Finance, Shri Ram Transport, Bajaj Finance etc.
Anyone please advice which option is better for safe investment to diversify my investment and if premature withdrawal is also available that would be good.
Please advice.