SDI
Minimum Investment
₹ 1L
Minimum Tenure
10 months
Returns
11.5% - 12.5%
Grip Invest provides SDI (Structured Deposit Instrument) products. SDI is a type of fixed income product that is issued by a company and is backed by the company's assets.
Pros:
- - Good returns comparing to other Fixed income products
Cons:
- - Minimum investment is on higher side around 1L
- - Not regulated by SEBI
RedFlags
UPMoney LoanX
Final repayment plan release by them were '78-87% of the original investment in this deal to be paid back (including interest payouts). The exact percentage will differ by investor and depends on when the investment was made and returns already received prior to default'
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