It’s the ideal alternative to a 1 year Fixed Deposit.
The NDB WEALTH INCOME PLUS FUND is a Fixed Income product which works as an excellent alternative to Fixed Deposits with much higher returns. Ideally suited for persons with a 1 year investment period.* The income is credited daily so you see the value of your investment increasing while you watch. As with all of our products, income generated is completely tax-free.
Type of funds: Open ended Fixed Income Fund
Fund Objective: To provide a high level returns or returns comparable to 1 year FDs
Trustee: Bank of Ceylon
Minimum Investment: Rs.5,000/-
Investment/Withdrawal: Ideally suited for persons who can be invested for 1 year.
Withdrawal prior to 1 year will be subject to an Exit Fee.