Every time the stock market scales a new peak we need to ask ourselves why more of our savings are not financial. The answer to that probably lies in India’s lack of financial inclusion, and penchant for physical assets.
Charting the growth of Sensex, Gold, Bank FD, Post office time deposit over the years. (Shutterstock)
The following line chart shows the growth of four financial instruments - Sensex, Gold, Bank FD, Post office time deposit - from 1991 to 2015.
So if you had invested Rs 10,000 in 1991 what’s its value in 2015? Hover-over the chart to find out.