Comparing Long-Term Returns of Indian Equities, Gold, and Fixed Deposits

Over the past two decades, Indian equities have generally outperformed fixed deposits and gold in long-term returns, with the Nifty 50 delivering around 9-12% annualized gains including dividends over five years. Gold has recently surged, gaining 86% in the past year, while stock markets showed modest growth and fixed deposit rates have declined after earlier increases. Fixed deposits offer stable but lower returns, highlighting the importance of diversification across asset classes for investors.