A range of Fixed Deposits and Bonds are available varying in tenures, interest rates & institutions to suit your investment needs. These schemes have been specially chosen from high-safety options to ensure that you enjoy high interest returns on all your short-term deposits.

Suitable for customers who:

  • Need attractive returns at interest rates higher than banks Fixed Deposits.
  • Are risk averse customers who need stable and secure instruments
  • Flexible tenure – there are various tenures ranging from 1 to 7 years.
  • Flexibility in interest payout – Monthly, Quarterly, Semi Annual & Annual basis.
  • Senior citizens who cannot risk losing money. Besides, getting additional benefit of 0.25% paise.

Issuers of Corporate FD

  • NBFC’s – Regulated by RBI
  • Shriram Transport Finance
  • Mahindra Finance
  • HDFC Ltd
  • HFCs – Regulated by NHB
  • DFL
  • ICICI Housing Finance
  • PNB Housing Finance
  • LIC Housing Finance
  • TATA Motor

Making Informed Decisions

  • Compare Interest Rates offered before investing
  • Check rating of the FD. eg, AAA is highest safety and D is default
  • Appoint a nominee to avoid hassles later
  • Check Penalty Clause for early withdrawal
  • Split your Fixed Deposit, it helps in case of urgent
  • Requirement of Funds
  • Look out for products that give compounded interest.


This is determined by the concept of Human Life Value (HLV). HLV is the monetary value of all the yet-to-be fulfilled needs of the dependents plus all the outstanding liabilities. Human life value, commonly known as HLV, is an easy to use numeric way of arriving at an answer to the question above. An individual’s HLV is typically expressed in terms of multiple of his or her annual income.

Some people think that they are adequately insured but in reality this is not the case. As a thumb rule, 100 times of the monthly household expenditure should be an ideal risk cover for an individual

80-90% of the risk is covered through 100 times of the monthly household expenditure. The objective of this is that people think that they are adequately insured but in reality they are not able to manage their household expenditure for even 2 years also.

IPO-intial Public Offer

  • HDFC Life
  • SBI Life Insurance Company Ltd.
  • Kotak Life Insurance
  • Tata Aia


There are also other covers such as home, office & sohopkeepers insurance along with travel and motor insurance for professionals, credit insurance etc. Non-life insurance companies have products that cover property against earthquake, fire and allied perils, flood storm and inundation, and so on. There are products that cover property against burglary, theft etc. The non-life companies also offer policies covering machinery against breakdown, there are policies that cover the hull of ships and so on.

Health Insurance

Health is wealth and a Mediclaim Policy is the best way to insure it. Mediclaim is the best solution that you can use to cover up all medical expenses. These policies cover the insured person for in-patient hospitalization provide extensive coverage including room charges, boarding expenses, nursing expenses, operation theater charges, ICU charges, surgeon fees, specialist fees, medical practitioner, consultant fees, cost of medicines and drugs, blood, oxygen, diagnostic test, cost of pacemaker, artificial limbs, etc. Pre and post hospitalization, pre-existing diseases, day care treatment, domiciliary hospitalization, cost of health check-up, ambulance charges, etc. are covered in Mediclaim policy. Also the premium paid is eligible for tax benefit under section 80D of the Income Tax Act. You can avail the benefit of Bonus in sum insured for every claim free year of the policy. Some policies provide cashless hospitalization in their network hospitals. There are several insurance companies offering health coverage at an affordable premium rates. We bring to you different products available to suit your best requirements.

Options available

  • Family Floater
  • Individual Health Insurance
  • Critical Care
  • Personal Accident
  • Top Up Policy
  • Health Policy Including OPD Coverage
  • Family Floater Including Parents or in-laws
  • Senior Citizen
  • Individual Health Insurance + Life cover.

Motor Insurance

Motor Insurance is a wide comprehensive cover designed to provide protection to you & your car. Protection from loss of car or damage to the car – giving a secured driving. It covers –

  • Damage to vehicle due to accident.
  • Legal liability of insured towards third party personal injury and property damage arising out of an accident involving the insured vehicle
  • Passengers personal accident cover
  • Hired driver
  • Depreciation Reimbursement
  • No Claim Bonus Protection
  • Repair of Glass, Fibre, Plastic and Rubber Parts
  • Emergency Transport and Hotel Expenses
  • Return to Invoice

Options available

Car Insurance, Two Wheeler, Commercial Vehicles, Passenger Carrying Vehicle, 3 – wheeler, Tractors and miscellaneous.

Home, Office & Shop Keepers Insurance

Insurance policy provides a cover to the structure and contents of your premises from all unforeseen natural & man-made catastrophes. It provides protection for property and interests of the insured and his family members. It is imperative that you secure your home which gives one peace of mind protecting the most valued possession.

  • Fire & allied perils
  • Baggage
  • Domestic appliances – Burglary & Theft
  • Electronic appliances
  • Goods in stock
  • Money in safe

Travel Insurance

Now you can travel overseas with your loved ones and without any worries. Things may go wrong during your trip even after assiduous planning, for certain reasons that are beyond our reach. Let travel insurance from Insurance accompany the worries so that you can concentrate on rejuvenate. Catering to people from all walks of life.

  • Medical Expenses,Evacuation and Repatriation
  • Emergency dental pain relief
  • Personal Accident
  • Medical Expenses,Evacuation and Repatriation
  • Emergency dental pain relief included in (I) above
  • Loss of Checked Baggage
  • Delay of Baggage
  • Personal Accident
  • Loss of passport
  • Personal Liability
  • Loss of passport
  • Personal Liability
  • Hijack
  • Trip Delay
  • Emergency Cash Advance

DIfferent Tie Companies

  • United Insurance
  • Star Health Insurance
  • Appollo Munich
  • HDFC Ergo
  • Bajaj Allianz
  • National Insurance
  • Oriental Insurance
  • Reliance General Insurance Company Ltd.

MUTUAL & Its Characteristics

What Is Mutual Fund?

The ownership of the fund is thus joint or mutual, the fund belongs to all investors. A mutual funds business is to invest the funds thus collected, according to the the wishes of the investors who created the pool It is a pool of money, collected from investors, and is invested according to certain investment objectives.

Characteristics Of Mutual Fund

The ownership is in the hands of the investors who have pooled in their funds so it is joint or mutual. It is managed by a team of investment professionals and other service providers.

The pool of funds is invested in a portfolio of marketable investments.

The investors share is denominated by ‘units’ whose value is called as Net Asset Value (NAV) which changes everyday.

The investment portfolio is created according to the stated investment objectives of the fund. Mutual Funds are also known as Financial Intermediaries

In India, Mutual Funds are constituted as TRUSTS.

Mutual Fund Advantages

Benefits of mutual funds includes diversification and professional money management. Mutual funds offer choice, liquidity, and convenience, but charge fees and often require a investment. Various other benefits of mutual funds are-

  • Convenient Administration
  • Return potential
  • Low cost
  • Transparency
  • Choice of schemes
  • Well regulated
  • Tax benefits
  • Portfolio diversification
  • Professional Management
  • Reduction in Risk and Transaction costs
  • Liquidity
  • Convenience and Flexibility
  • Safety – Well regulated by SEBI

Classification & Types Of Mutual Fund

Open Ended Funds

In an open ended fund, investors can buy and sell units of the fund, at NAV related prices, at any time, directly from the fund.

Open ended scheme are offered for sale at a pre- specified price, say Rs. 10, in the initial offer period.

After a pre-specified period say 30 days, the fund is declared open for further sales and repurchases Investors receive account statements of their holdings,

The number of outstanding units goes up and down

The unit capital is not fixed but variable.

The corpus of an Open-ended scheme changes everyday

Close Ended Funds

A closed -end fund is open for sale to investors for a specified period, after which further sales are closed.

Any further transactions happen in the secondary market (stock exchange) where closed-end funds are listed.

The price at which the units are sold or redeemed depends on the market prices, which are fundamentally linked to the NAV.

The number of units of closed ended funds remains unchanged.

The unit capital is fixed because of one time sale.

Types Of Funds

Equity Funds,

Fixed Income Funds,

Balance Funds,

Liquid Funds/Money Market Funds,

GILT Funds,

ELSS Funds,

Exchange Traded Funds.

Category Of Investor Eligible To Buy Mutual Fund

  • Resident Individuals
  • Indian Companies
  • Indian trusts and charitable institutions
  • Banks
  • NBFC’s
  • Insurance companies
  • Provident funds
  • Non-resident Indians / PIO
  • OCB’s
  • SEBI registered FII’s

Investment Plan

Broadly 2 options- Growth option and Dividend Option

Automatic Reinvestment Plans (ARP) – Reinvestment of amount of dividend made by fund in the same fund and receive additional units. It gives Benefit of Power of Compounding.

Systematic Investment Plans(SIP) – For regular investment

Systematic Withdrawal Plan (SWP) – For regular income (SWP is not similar to MIP as SWP allow investor to get back the principal amount)‏

Systematic Transfer Plan (STP) – Transfer on a periodic basis a specified amount from one scheme to another within the same fund family.

Documentation Required

KYC (Know your client)

KYC means “Know your Client”, a term commonly used for Client Identification Process. SEBI has prescribed certain requirements relating to KYC norms for Financial Institutions and Financial Intermediaries including Mutual Funds to ‘know’ their clients. This would be in the form of verification of identity and address, financial status, occupation and such other personal information. KYC Application for Individual (any resident and Non- Resident ) and Application For Non- Individual (companies and corporate Bodies)

For Individual :

PAN Card mandatatoy (with out PAN card mutual fund investment are not possible). Address proof (Voter ID, Driving License, Passport , Latest Bank a/c statement & Pass book etc). Photograph.

The documents must be current and valid. Document copy shall be self attested by the investor/attested by the ARN holder mentioning the ARN number.

For Non – Individual :

Copies of the Memorandum and Articles of Association and certificate of incorporation, Board Resolution , Authorized signatories list with specimen signatures.

Photograph, POI, POA, PAN and DIN numbers of whole time directors.

Copy of the balance sheets for the last 2 financial years (to be submitted every year).


Fresh Purchase :Full application Form is to be filled for a first time investment in a mutual fund through the offline route. The mutual Fund would need the application form with prescribed documentation and the requisite investment amount to allot an investment folio in the name of the investor.

Additional Purchase : Once an investor has a folio additional investment in the same mutual fund are simpler. Only transaction slip would need to be filled.

Switch :In the case of market fluctuations schemes switch to another schemes.

Statement Of Account

The statement of Account shows for each transaction (Pudchase / Repurchase / Redemption, Switch), the value of the transaction ,the relevant NAV and the number of units transacted. Besides, it also provides the closing balance of units held in that folio, and the value of these units based on the latest NAV.

Income From Mutual Fund

Capital Appreciation:

As the value of securities in the fund increases, the fund’s unit price will also increase. There would be capital appreciation when you sell your available units at a price higher than the price at which you bought.

Coupon/Dividend Income:

Fund will earn interest income from the bonds it holds or will have dividend income from the shares.

Income Distribution:

The fund passes on the profits it has earned in the form of dividends

Steps Involved in Mutual Fund Investments

Step 1 – Identify your investment needs

What are my investment objectives and needs?

How much risk am I willing to take?

What are my cash flow requirements?

Step 2 -Choose the right mutual fund

  • The track record of performance over the last few years in relation to the appropriate Benchmark and similar funds in the same category.
  • How well the mutual fund is organised to provide efficient, prompt and personalised service.
  • Degree of transparency as reflected in frequency and quality of their communications.

Step 3 – Select the ideal mix of schemes

  • Investing in just one scheme may not meet all your investment needs.
  • You may consider investing in a combination of schemes to achieve your specific goals.

Taxation Benefits

The amount invested in tax-saving funds/Equity Linked Saving Schemes (ELSS) is eligible for deduction under Section 80C upto a limit of Rs.1,00,000/- (in a financial year).

Dividend from Mutual Fund Schemes is Tax-Free in the hands of the Investor/receipient.

ndexation Benefit under Long term Capital Gain in Debt schemes.

ndexation Benefit under Long term Capital Gain in Debt schemes.

Risk is an inherent aspect of every form of investment.

Market risk

At times the prices or yields of all the securities in a particular market rise or fall due to broad outside influences. This change in price is due to ‘market risk’.

Inflation risk

Sometimes referred to as ‘loss of purchasing power’. Whenever the rate of inflation exceeds the earnings on your investment, you run the risk that you’ll actually be able to buy less, not more.

Credit risk

In short, how stable is the company or entity to which you lend your money when you invest? How certain are you that it will be able to pay the interest you are promised or repay your principal when the investment matures?

Interest rate risk

Interest rate movements in the Indian debt markets at times can be volatile leading to the possibility of large price movements up or down in debt and money market securities and thereby to possibly large movements in the NAV.Other risks associated are liquidity risk and changes in the government policy