Outlook Money
Tenures range from 7 days to 10 years, with guaranteed competitive returns.
Offers a fixed interest rate for a specific tenure; it can be as short as six months to 10 years. It suits those who want to invest small sums of money regularly.
It is a short-term, low-risk, and tax-efficient equity MF that exploits the price difference in cash/futures markets for returns.
It invests in fixed-income securities, like govt and corporate bonds and commercial papers that are less volatile than equities.
Offers higher returns than bank savings accounts with no lock-in period or exit load and invests in money market instruments and debt securities.
Offered by NBFCs and corporations with higher interest rates than bank FDs, and comes with a slightly higher risk.