Fixed deposits are loan arrangements where a specific amount of funds is placed on deposit under the name of the account holder. The money placed on deposit earns a fixed rate of interest, according to the terms and conditions that govern the account. The actual amount of the fixed rate can be influenced by such factors at the type of currency involved in the deposit, the duration set in place for the deposit, and the location where the deposit is made

Fixed deposits are advantageous in the sense that the capital invested in them is safe, and is not susceptible to market volatility since no money is invested into the equity markets. The principal is protected, and the investor gets an assured return. The main disadvantage of fixed deposits is that the returns are lower compared to the average returns in other asset classes, and also the interest amount generated on the principal is included in the investor?s income and is therefore taxed as per his/her tax bracket

There are various FDs available from banks and other corporates from time to time.Lemon Fundz can help you choose the most reliable institution to invest in via Fixed Deposits, at the right time.