Zerodha: Practice What You Preach?

[saurabh_mishra23]

I recently heard on a podcast Bhuvan say that he personally would not put money in a small finance bank FD even for 3% higher returns because safety matters more.

- YouTube

Yet Zerodha offers small finance bank FDs on Coin.

Isn’t that hypocritical?
Personally avoid a product because you don’t consider the extra return worth the risk, but make the same product convenient for retail investors to buy.

If Zerodha truly puts investors first, shouldn’t the risks be highlighted as prominently as the higher interest rates?

[pavinjoseph]

@saurabh_mishra23

Bhuvan say that he personally

That’s his personal opinion. Nothing to do with Z.
If I were to invest in FDs, I would personally put up to 5L in multiple SFB FDs so it remains under the insurance umbrella.

Z also offers various debt funds, G-Secs, SDLs - the greater the risk the greater the reward.
It’s up to each user to choose what’s appropriate for them, either with the knowledge they’ve gained from free learning platforms like Varsity’s personal finance module or by consulting with a financial advisor.

[saurabh_mishra23]

@pavinjoseph

That’s his personal opinion. Nothing to do with Z.
If I were to invest in FDs, I would personally put up to 5L in multiple SFB FDs so it remains under the insurance umbrella.

Z also offers various debt funds, G-Secs, SDLs - the greater the risk the greater the reward.
It’s up to each user to choose what’s appropriate for them, either with the knowledge they’ve gained from free learning platforms like Varsity’s personal finance module or by consulting with a financial advisor.

wrong .

[Newbie420]

No fear in investing in small bank FDs as long as you know there is no market crash coming

I invested lot of such 9% deposits in 2022-23 coz I knew markets and economy were safest then. Coz lightning doesnt strike twice. Meanwhile bears were daily dreaming about crash that time

Just your FD duration should be such that expiry date is before the next crash