Divyesh Jain is seeking investment advice as his bank Fixed Deposits (FDs) are maturing. He finds FDs unattractive due to current inflation leading to negative real returns. Divyesh is looking for low-risk investment options that can provide better returns than FDs. The advice suggests that Balanced Mutual Funds are a good long-term option if there's some risk appetite, otherwise, Debt Mutual Funds are a suitable alternative to FDs with slightly improved returns.
09 January 2022
Generally Balance MF are better in long term, if you have some risk appetite. Otherwise Debt MF are alternative to FD with slightly better return.