An investor who put his money into a fixed deposit would have outperformed most asset classes this year.
Equity, real estate, and even actively-managed debt funds have given lower returns than the State Bank of India one-year fixed deposit returns in 2018. Gold gave marginally higher returns, but that too was in line with what many public sector and private sector banks offered.
Experts say there is limited visibility on debt in 2019, while also pointing to uncertainty in other asset classes, with real estate under pressure on funding issues and equities being hostage to election volatility. Gold, though, may