Yehi hai wrong choice

Putting all (or almost all) of your savings in fixed income deposits is a sin that's second only to not saving, or not saving enough and almost every Indian saver is a sinner too. For many years now, one topic that I have written about repeatedly is the superiority of fixed-income mutual funds over bank fixed deposits. It's not an exciting topic so it's natural that savers don't have too much interest in the topic. However, we must make the best of a bad situation. India has always been a 'fixed income country'. Generations of savers turn automatically to savings instruments like PPF, bank deposits, post office deposits, etc., for all their savings needs. The fact that this is not a great choice is a separate story but even within the fixed-income space, mos