Fixed deposits and debt mutual funds are among the most popular assets for risk-free investors. In spite of rising interest rates, fixed deposits have proven to be a reliable option for Indian retail investors, whereas debt funds are mutual funds that invest in debt securities. Debt funds have generally shown to deliver better-annualised returns than FDs, although bank FDs have a lower risk profile thanks to DICGC coverage.
India will be superpower by 2047, but not high-income economy: Martin Wolf
Read More