Real estate versus a mutual fund: Indian tax anomalies have warped this choice. Parity please
Households, companies and governments all save and borrow. In India, households, in aggregate, save more than they borrow. We park those savings in physical assets such as real estate and gold, and in financial assets such as cash, bank deposits, mutual funds, equities, insurance and pension plans. The household savings mix has been tilting the wrong way in recent years, with net household financial savings hovering near just 5% of GDP.
