I do also have a fd in dhfl, should I worry....
My family member also holds fd in Mahindra fin & shriram Trans....and thinking of doing a new with Hdfc for 66/84 months...should she continue...thank you
1 Answers
Hi,
Kindly note that Company FDs carry extra risk (hence extra returns) when compared to Bank/Postal FDs and RDs.
Though the current economic scenario is not favorable to NBFCs, the above mentioned firms are decent ones and may overcome the current (temporary) business challenges.
However, suggest you to diversify your investment across different asset categories based on your risk profile, investment horizon and financial goals.
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