What can you do to protect and grow your wealth amid market uncertainties?

Equity investors in India had quite a hard time in 2022 as markets offered not much to them throughout the year. Fortunately, there are now many such fixed income products available which are giving much higher returns than the traditional fixed income products and that too at much lower risk than market-linked products. Here I am explaining a few of such fixed income products: P2P lending platforms Some of the leading P2P lending platforms now offer returns between 8-12.5% in their various investment schemes with a lot of flexibility and shorter tenures than bank fixed deposits. Fixed deposits Rising interest hikes by RBI in 2022 has reversed the interest trend in India and now fixed deposits are again becoming attractive to a lot of investors who work very worried when the interest rates on 5-year fixed deposits are reduced to around 5% p.a., today some of the leading NBFCs are offering fixed deposit where the effective yield for 5 year cumulative fixed deposit is around 10% for non-senior citizens and above 10.6% p.a for senior citizens. Fixed income products, discussed above, offer great options to investors to rejig their investment portfolio in their favour as they are getting superior returns at much lower risks whereas returns from market linked products are likely to stay uncertain at least for a few months in 2023.