Fixed deposits now constitute 62% of bank deposits, a two-year high, as depositors shifted funds from low-yield savings accounts seeking better rates. This trend, driven by yield sensitivity and digital empowerment, has increased banks’ funding costs and pressured interest margins. Private banks saw their FD share rise, while public sector banks experienced a slip.
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