Report card: How your investments fared in 2008
Report card: How your investments fared in 2008
The Hero: Debt Products: Clearly the winner was the good old fixed deposit, and the debt class in general.
Here is what you would have made, had you been put in any of these debt instruments:
Bank deposit: 8.75 per cent
Public Provident Fund: 8 per cent
Debt mutual fund (floating rate funds): 8.8 per cent
So Rs 1 lakh invested would have made you richer by Rs 8,000 at least. How's that compared to a loss of Rs 55,000!
(Pic: Getty Images)
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