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Nifty SIP return fails to beat even bank FD over 5 years: Is this the warning sign investors can’t ignore?
The brief
- Nifty50 SIPs recorded a five-year XIRR of 4.5%
- The reported return failed to beat bank fixed deposits
- A weak five-year SIP return matters to Indian equity mutual-fund investors weighing index exposure
- Bulls out of steam, it’s slow & steady on D-Street
- Rout in PB Fintech stock deals Rs 11,000 crore blow to mutual funds