Are we losing money by investing in bank Fixed Deposit?

The interest rates on bank savings account and fixed deposits have come down drastically in the last few months, ranging from approx 2.75% and 5.5% respectively. 

Post-tax, returns are meagre 1.9% and 3.8% respectively assuming 30% tax bracket.  

With CPI inflation hovering around 6.5%, we are actually losing the value of our money over time. 

The better option would be to invest surplus money in debt mutual funds which are not only more tax efficient but also generate much better returns. 

Good quality debt mutual funds have given 10-11% returns during last one year

I can help you invest your money in these debt funds for better realization. 

My article " Are we losing money by investing in bank FD?" with mathematical explanation can be read at my blog https://letsinvestwisely.com/are-we-loosing-money-by-investing-in-bank-fd/