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Indians prefer fixed deposits to equities, MFs for investment: Survey
Thursday, April 6, 2017, 8:56 AM
More than 95% Indian households prefer to park their money in bank deposits, while less than 10% opt for investing in mutual funds or stocks, a new Sebi survey showed. The survey, conducted across urban and rural areas of the country, showed that life insurance was second most preferred investment vehicle, followed by precious metals, post office savings and real estate in the top-five.
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