Fixed Deposits are long-term investment tool which helps investors save money for the long term. Investors can choose a fixed tenure for which the deposit will be kept with the Bank. In general, FD investments are better for those looking for long-term wealth creation as they offer high interest rates as compared to savings accounts.
Interest on FD is compounded quarterly, in most banks. The formula for this is:
A = P * (1+ r/n) ^ n*t , where
Investment Amount:₹100,000 Interest Earned:₹28,930.22 Maturity Amount: ₹128,930.22Fixed Deposit (FD) Calculator
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Similar to other personal tax-saving and investment instruments, Fixed Deposits schemes also attract Taxes. A TDS of 10% is deducted on the returns accrued from an FD if the total interest exceeds Rs. 10,000 in a single financial year.
Let’s compare this to the SIP scheme and you can see that SIPs are more beneficial for the long term. Since long-term gains from equity are tax-free, any SIP which invests in ELSS (Equity Linked Mutual Funds) is also tax-free after one year.
*Below is the list of fund based on last 1 year performance & having fund age > 1 year.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) DSP World Gold Fund Growth ₹37.6022
↑ 1.27 ₹1,212 500 21.2 61.7 73.3 43.3 12.2 15.9 Baroda Pioneer Mid-Cap Fund Growth ₹16.5124
↑ 0.15 ₹97 500 -8.1 0.1 26.2 22.5 15.9 Sundaram Select Focus Fund Growth ₹264.968
↓ -1.18 ₹1,354 100 -5 8.5 24.5 17 17.3 Aditya Birla Sun Life International Equity Fund - Plan A Growth ₹43.5021
↓ -0.41 ₹229 1,000 9.9 14.5 22.6 16.2 11.7 7.4 DSP US Flexible Equity Fund Growth ₹67.0425
↓ -0.70 ₹989 500 14.1 15 21.6 19 16.3 17.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Sep 25 Research Highlights & Commentary of 5 Funds showcased
Commentary DSP World Gold Fund Baroda Pioneer Mid-Cap Fund Sundaram Select Focus Fund Aditya Birla Sun Life International Equity Fund - Plan A DSP US Flexible Equity Fund Point 1 Upper mid AUM (₹1,212 Cr). Bottom quartile AUM (₹97 Cr). Highest AUM (₹1,354 Cr). Bottom quartile AUM (₹229 Cr). Lower mid AUM (₹989 Cr). Point 2 Established history (17+ yrs). Established history (14+ yrs). Oldest track record among peers (23 yrs). Established history (17+ yrs). Established history (13+ yrs). Point 3 Rating: 3★ (upper mid). Rating: 1★ (bottom quartile). Rating: 3★ (lower mid). Rating: 2★ (bottom quartile). Top rated. Point 4 Risk profile: High. Risk profile: High. Risk profile: Moderately High. Risk profile: High. Risk profile: High. Point 5 5Y return: 12.16% (bottom quartile). 5Y return: 15.89% (lower mid). 5Y return: 17.29% (top quartile). 5Y return: 11.71% (bottom quartile). 5Y return: 16.26% (upper mid). Point 6 3Y return: 43.26% (top quartile). 3Y return: 22.51% (upper mid). 3Y return: 17.03% (bottom quartile). 3Y return: 16.20% (bottom quartile). 3Y return: 19.02% (lower mid). Point 7 1Y return: 73.30% (top quartile). 1Y return: 26.24% (upper mid). 1Y return: 24.49% (lower mid). 1Y return: 22.64% (bottom quartile). 1Y return: 21.57% (bottom quartile). Point 8 Alpha: 2.80 (upper mid). Alpha: 0.00 (lower mid). Alpha: -5.62 (bottom quartile). Alpha: 5.36 (top quartile). Alpha: -1.71 (bottom quartile). Point 9 Sharpe: 1.56 (lower mid). Sharpe: 3.23 (top quartile). Sharpe: 1.85 (upper mid). Sharpe: 1.37 (bottom quartile). Sharpe: 0.78 (bottom quartile). Point 10 Information ratio: -0.56 (bottom quartile). Information ratio: 0.00 (top quartile). Information ratio: -0.52 (lower mid). Information ratio: -1.05 (bottom quartile). Information ratio: -0.40 (upper mid). DSP World Gold Fund
Baroda Pioneer Mid-Cap Fund
Sundaram Select Focus Fund
Aditya Birla Sun Life International Equity Fund - Plan A
DSP US Flexible Equity Fund
*Best funds based on 1 year performance.
"The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of MLIIF - WGF. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or units of money market/liquid schemes of DSP Merrill Lynch Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized." Below is the key information for DSP World Gold Fund Returns up to 1 year are on To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments Research Highlights for HDFC Long Term Advantage Fund Below is the key information for HDFC Long Term Advantage Fund Returns up to 1 year are on 1. DSP World Gold Fund
DSP World Gold Fund
Growth Launch Date 14 Sep 07 NAV (02 Sep 25) ₹37.6022 ↑ 1.27 (3.49 %) Net Assets (Cr) ₹1,212 on 31 Jul 25 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.41 Sharpe Ratio 1.56 Information Ratio -0.56 Alpha Ratio 2.8 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹7,754 31 Aug 22 ₹5,954 31 Aug 23 ₹7,515 31 Aug 24 ₹9,830 31 Aug 25 ₹16,461 Returns for DSP World Gold Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Sep 25 Duration Returns 1 Month 21.9% 3 Month 21.2% 6 Month 61.7% 1 Year 73.3% 3 Year 43.3% 5 Year 12.2% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 15.9% 2023 7% 2022 -7.7% 2021 -9% 2020 31.4% 2019 35.1% 2018 -10.7% 2017 -4% 2016 52.7% 2015 -18.5% Fund Manager information for DSP World Gold Fund
Name Since Tenure Jay Kothari 1 Mar 13 12.51 Yr. Data below for DSP World Gold Fund as on 31 Jul 25
Equity Sector Allocation
Sector Value Basic Materials 95.27% Asset Allocation
Asset Class Value Cash 1.87% Equity 95.34% Debt 0.01% Other 2.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -78% ₹942 Cr 1,578,535
↓ -32,363 VanEck Gold Miners ETF
- | GDX21% ₹259 Cr 573,719 Treps / Reverse Repo Investments
CBLO/Reverse Repo | -1% ₹13 Cr Net Receivables/Payables
Net Current Assets | -0% -₹2 Cr 2. HDFC Long Term Advantage Fund
HDFC Long Term Advantage Fund
Growth Launch Date 2 Jan 01 NAV (14 Jan 22) ₹595.168 ↑ 0.28 (0.05 %) Net Assets (Cr) ₹1,318 on 30 Nov 21 Category Equity - ELSS AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.25 Sharpe Ratio 2.27 Information Ratio -0.15 Alpha Ratio 1.75 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹15,833
Purchase not allowed Returns for HDFC Long Term Advantage Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Sep 25 Duration Returns 1 Month 4.4% 3 Month 1.2% 6 Month 15.4% 1 Year 35.5% 3 Year 20.6% 5 Year 17.4% 10 Year 15 Year Since launch 21.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Fund Manager information for HDFC Long Term Advantage Fund
Name Since Tenure Data below for HDFC Long Term Advantage Fund as on 30 Nov 21
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
Research Highlights for DSP World Gold Fund