In FDs: Coupon/Interest Rate is fixed Effective Yield can be higher for cumulative FDs due to compounding Banks often show annualized yield for better comparison.

SGBs offer: A fixed annual yield of 2.5% (paid semi-annually) Capital appreciation linked to gold prices So, the effective return = 2.5% yield + gold price gain (both are taxable…

Running Yield: Also known as Current Yield, it is the annual income (interest/dividend) divided by the current market price of the instrument. Redemption Yield: Equivalent to Yield to Maturity (YTM).…