As fixed deposit rates are at a historic low, savvy investors could look at other high-return investment alternatives, including the equity markets, says Zerodha’s Nikhil Kamath.
What happens when an IPO frenzy sucks out $3.7 billion (₹27,417 crore) in just six months? The answer, according to Nikhil Kamath, co-founder, Zerodha and True Beacon, is—collateral damage.
As the Reserve Bank of India has kept key rates unchanged, fixed deposit rates at banks are at a historic low. As a result, banks have lost their power to attract money, says Zerodha’s Nikhil Kamath.
Nikhil Kamath, co-founder and CIO of True Beacon and Zerodha, sees a significant rebalance from real estate onto more liquid asset classes in the post-Covid-19 period.
