New Delhi, May 16 -- Veteran investor Shankar Sharma has reignited the long-running debate between equity investing and traditional fixed deposits after sharing a data-driven comparison of Nifty returns and bank FD performance over the last 12 years.

In a post on social media platform X, Sharma, Founder of GQuant Investech, said he casually analysed Nifty data on a "beautiful lazy Saturday morning" while sipping coffee, comparing post-tax and risk-adjusted returns of the Nifty 50 Total Return Index, the Nifty in dollar terms, and bank fixed deposits between May 15, 2014, and May 15, 2026.

What caught his attention was not just the return figures, but the sharp difference in risk-adjusted performance between equities and fixed deposits....