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.
Beyond college funds: Why parents need to invest for a skills-first future
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