Fixed deposits have long been a favorite, especially among senior citizens, but trends are changing! 🚀
- FDs: Still preferred for safety, with 47% held by senior citizens.
- Managed Investments: Mutual funds surged from 13% in 2020 to 20% in 2023 as investors sought better returns.
- The Future: Managed investments are projected to double by FY 2027 as financial literacy and digital adoption grow.
Are you still relying on FDs, or have you moved to managed investments? Let us know in the comments! ⬇️
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