Nifty near All Time High | Time to Book Profits? | CA Rachana Ranade

"is there any investment avenue where I can earn up to 9.5%."

"Now let us talk about a Trader so understand what I feel is that even if you are like a hardcore Trader ideally I'll tell you my thought process that 100% of your money should not go into your trading capital okay, as an example I'm telling you let us say somewhere around 80% of your money is your trading capital okay, balance 20% this is just an example the percentages could vary balance 20% you should focus on generating income or generating returns which are fixed in nature okay. Now this person is like okay I understood but if this be so where should I invest simple and for others who are anyways interested in fixed income securities or I can say in investment avenues which generate fixed returns where should I invest you would be like where should I invest means what is there any investment opportunity which can give you up to 9.5% returns"

"Now let's come to the second part wherein I'm going to discuss whether there is any investment opportunity where you can earn up to 9.5% returns by investing in fd's and for that I'm going to take you to a website which is of wint wealth uh I'm sure you might have heard about this brand on our Channel and this time I'm going to talk about how can you invest in fd's through this website and of course the link is there in the description box below. So what am I going to do I'm just going to click on start investing first you'll have to enter your phone number so I just inserted one pin now here you can see okay, there are you can explore fd's but right now let's talk about Unity small Finance Bank where you can earn up to 9.5% return and that too with a minimum investment of just 1,000 rupees"

"let us say I input 185 days okay, I'm specifying again 185 days here you will see you'll get a rate of interest of how much 8.75%"

"and what if you are a senior citizen if I click here it is 9.25%"

"you will be levied with a 1% penalty on interest applicable for which deposit remained with the bank"

"even if you're let us say interest and all that put together all in all in simple words that amount is less than 5 lakh rupees okay, if you remember I've already told you is it insured by DICGC? Yes then is there any default risk no so even if I mean see this is like a worst case scenario we are discussing right now okay, so in the worst case scenario if something goes wrong with unity small Finance Bank still it is guaranteed by DICGC up to 5 lakh per account per Bank per person and in that case what will happen is that default risk will go down to zero up to 5 lakh rupees"

"if the bank defaults very clearly mentioned on the website that even if the bank defaults money will be processed within 90 days with this your liquidity risk is also mitigated."

"if the previous you know chart patterns or previous uh patterns were to actually repeat if history were to repeat there is a probability there is a chance that we may enter some sort of consolidation"

"what happened after February we can see here March, Apri,l May in total it went up by almost 7.7% 1% and 1.5% but followed by which so may was the election month followed by which what happened we saw a pro profit booking in June 1% roughly followed by July minus 5.6% and followed by August again minus 85 almost 1% now if you see here where did February close February closed at 10,792 roughly 10,800 and where did August close August closed at what roughly 11,23 11,000 so barely 200 points move in a gap of what in a gap of almost 6 months."