Investors opting for systematic transfer plans (STPs) are in a tizzy. The average one-year return of liquid, overnight and money market funds is just 3.19 percent. State Bank of India pays 2.75 percent on savings accounts, and Bank of Baroda gives 2.75-3 percent. Small finance banks pay up to 7 percent savings bank interest.
Can the defence sector continue firing after 100% gains?
Read More