Ask any Indian investor where they would keep their hard-earned savings, and Fixed Deposits (FDs) will almost always feature near the top of the list. For decades, FDs have been viewed as one of the safest investment options available. They offer predictable returns, minimal risk, and the comfort of knowing exactly how much money you will receive at maturity. Imagine a bank offering a 7% FD return. At first glance, it seems like a good deal. If you invest ₹10 lakh, you expect to earn ₹70,000 annually before taxes. Many investors stop their analysis there and conclude that their wealth is growing at 7% every year.