No gold or FD bank, Jefferies considers this asset Indians best investment
Amid soaring inflation and concerns about the downturn, investors are busy finding a safe haven for their money. While some are fighting in favor of gold, some investors favor short-term debt instruments like fixed bank deposits (FD) and other deposits. But, according to Jefferies’ findings, about half of Indian household savings in March 2022 were invested in real estate, while bank deposits and gold are by far the second and third. Indian household’s most preferred asset investment options.