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Who should go for term deposits

Personal finance experts suggest that these fixed deposit schemes are good for investors who want to play safe and are averse to risk taking.

india Updated: Dec 20, 2010 21:52 IST

Personal finance experts suggest that these fixed deposit schemes are good for investors who want to play safe and are averse to risk taking.

“These schemes are suitable to the investors want assured returns on the investment and do not mind in locking money for 1-2 years,” says Surya Bhatia, Delhi based financial planner and founder of Asset Managers.