January 7, 2013 9:02 pm
One of my relative want to invest in FD for 3-5 yrs (only in FD) and DHFL offering FD at 10.5 % interest rate and their FD rating is also AA+. Should i go ahead and suggest him FD with DHFL. Pl Share your views.
there is always some element of risk in a company deposit even though the rating is strong.
But if one has the appetite for a little risk one can go for it.
Of course all eggs should not be in the same basket. If one is apprehensive the duration can be lowered.
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