Investors are increasingly favoring RBI’s Floating Rate Bonds, a secure government-backed debt instrument, over traditional bank deposits and small-savings schemes. Offering an 8.05% return linked to the National Savings Certificate rate plus 35 basis points, these seven-year bonds provide a higher yield and hedge against rising interest rates.
12 equity mutual funds with over Rs 1,000 NAV offer upto 24% CAGR since their inception. Do you own any?
Out of these 12 funds, 11 have been in the market for more than 25 years. They have delivered consistent double-digit returns over decades, highlighting