Working for Bajaj Capital. What advise to give a HNI client?



0
VIVEK SIR,as u know HNI clients only goal is ROI so can u please tell me which are top 20 company FD with good interest rate(11-13%)?
THANKS IN ADVANCE
SANJAY KARTARI

2 Answer(s)


0

Sanjay,

Keep in mind that the reason companies offer higher interest rate on their FD's is due to the higher risk. if you are advising someone on this make sure you convey this risk information -

Avon Corporation - 11% to 12% a yea
Shriram Transport Finance Company - 13.32%
Jagatjit Industries - 11.5%
Mahindra Finance - 10.25%

0

Hi Sanjay,

Good quality FDs will not give u more than 9 to 10pc.

If client is ready to invest for 3 to 5 yrs then advise MIPs in MFs though not 100pc safe they can beat all FDs in long term.

Answering this Q for u frm Delhi :)

VK