Consider these factors before choosing Corporate FD schemes to invest in.
Credit Rating: Opt for higher-rated corporate FDs based on its credit rating which indicates the underlying risk of the company.
Company Background: Assess a company’s business viability by referring to its Financial Statements, Management Discussion and Analysis (MD & A).
Repayment History: Companies repayment history helps to determine company’s credit score, credibility and stability.
Credits: HDFC Securities