I have FD maturing on 25-Sep-19 ( maturity amount Rs.10 Lakhs ) & I wish to invest in RBI bonds with annual interest rate of 7.75% .
I have following queries with regard to shifting funds from FD to RBI bonds.
- Is it a right decision to move from FD to RBI bonds ? Time in future will answer if it is good decision
- What factors do I need to consider to make the move ?
- What factors influence interest rate of these bonds ?
Kindly help me understand & take an informed decision .
Thanks & best regards
With goal remaining unchanged for this investment, is migration from FD to RBI bonds a right choice ? And what other factors influence the performance of RBI bonds ?
I am asking you don’t concentrate on the product but why you need this money and when you need this money? Be clear on this at first.