5 schemes investors can consider for higher returns than fixed deposits

With the Reserve Bank of India shifting to a rate cut stance, it is a good time to invest in debt funds. Here are five debt funds that have outperformed conventional fixed deposits in terms of returns. These include the Aditya Birla Sun Life Medium Term Direct Plan-Growth Fund, Bank of India Short Term Income Fund Direct-Growth Fund, Aditya Birla Sun Life Dynamic Bond Retail Fund Direct-Growth Fund, Nippon India Nivesh Lakshya Fund Direct-Growth Fund, and Aditya Birla Sun Life Credit Risk Fund Direct-Growth Fund. The minimum investment required in these funds ranges from Rs. 100 to Rs. 5,000, with minimum SIP investment starting at Rs. 100.