You just sold some property and have a large amount in your bank. Or you booked profits in stocks and are sitting on cash. Or maybe you want to save for an important near-term financial goal. Whatever the situation, you are looking for a safe investment option that gives fixed returns along with capital protection

Fixed income broadly refers to the types of investment that pays investor fixed interest or dividend payments until their maturity date. At maturity, investors are repaid the principal amount they had invested. There are several options available in India but the most popular are Fix Deposits, Bonds and Debentures and Small Saving Schemes.