India, Sept. 13 -- For many Indian middle-class households, fixed deposits (FDs) have been the most trusted means of savings and investment. The idea is straightforward: deposit money with a bank, earn a fixed interest rate, and withdraw it after a specified term. FDs offer safety, predictable returns, and ease of understanding. However, as times change, it's time to challenge the age-old FD mindset and look beyond, towards bonds, the investment instrument quietly offering a wiser, more rewarding alternative.

Fixed Deposits (FDs) have long been a preferred savings instrument, offering stable returns with minimal risk-backed by DICGC insurance on deposits up to Rs.5 lakh per bank.

However, the financial landscape has shifted. The Indian ...