New Delhi, April 12 -- Fixed Deposits (FDs) are widely considered as a low-risk investment option, as they offer guaranteed returns and typically higher interest rates than regular savings accounts. This makes them attractive for risk-averse or conservative investors who are seeking stability.

In fixed deposits, individuals deposit a lump sum amount with a bank or financial institution for a fixed tenure, earning interest at a predetermined rate. Since the returns are fixed at the time of investment, FDs provide predictable income, unlike market-linked instruments such as stocks and mutual funds, where returns can fluctuate, something we can witness in current geopolitical conditions.

Banks keep revising their FD rates regularly, keepin...