Advantage Deposit is a combination of fixed deposit and mutual fund investment, offering you the safety of a fixed deposit and the returns of an equity fund. Advantage Deposit counters equity-market fluctuations through Systematic Investment Plans.
- Combination of a Fixed Deposit (with monthly interest payout) and Systematic Investment Plan (SIP) of a Mutual Fund.
- Re-investment of monthly interest payout of Fixed Deposit into systematic investment plan of Mutual Fund.
- Automatic debits to account through Standing Instruction / ECS debit mandate.
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