Archive · 25 Oct 2025
Advisor: FDs in India May Be Eroding Your Wealth
Imagine putting money in a safe place, a fixed deposit (FD), hoping it will grow.
A financial advisor named Khushi Mistry says this might not be the best in India because the money doesn't grow fast enough.
She says taxes and rising costs (inflation) can make you lose money.
She gives examples of other investments that grew more.
FDs are safe for short-term goals, but she says they aren't the best for long-term growth.
Wealth manager Khushi Mistry critiques India's reliance on fixed deposits (FDs).
Mistry claims FDs offer negative real returns after accounting for inflation and taxes.
She cites examples: FDs may return 7%, but with 6% inflation and taxes, real return drops.
Mistry compares FD returns with gold, stocks, and real estate over a set period.
Mistry says FDs are suitable for short-term goals and emergency funds, not for long-term wealth building.
- Who
- Khushi Mistry, wealth manager
- What
- Argues that FDs may be eroding wealth
- When
- Current
- Where
- India
- Why
- To advise on financial planning and investment strategies
Investor
FD Supporter
Wealth Creation
Investor
FDs are not the best for long-term wealth creation.
FD Supporter
FDs can be a secure way to save money and for some can contribute to wealth.
- Focus
- Fixed Deposits (FDs) in India
- Main Argument
- FDs deliver negative real returns
- Real Return Example
- 7% return, 6% inflation, 30% tax bracket results in 4.9% return
- Alternative Investments (Since 2010)
- Gold, Nifty 50, and Real Estate
- FD Insurance
- ₹5 lakh per bank per depositor insured by DICGC