One way to invest your money is to top up the existing portfolio, while another alternative is to diversify into multiple assets such as equity, debt and fixed income instruments by investing into multi-asset funds, suggests an expert.
Santosh Joseph believes, for the economy to perform well, consumption and even domestic imports must increase. Although global demand is rising slightly, domestic demand remains low. It is time for the consumption sector to turn around.
The rate hike by Bajaj Finance make its fixed deposits a compelling choice for investors seeking longer-tenure options. With new investments in debt funds from April 1, 2023 not enjoying tax benefits over FDs, these deposits are attractive even for those in the higher tax brackets.