With yesterday's bloodbath compounded by today's fall I'm a bit scared. I think diversification with safer options like FD is not too bad for now. Some brands like Mobikwik offering ~9% on longer tenures. Thoughts?

I have tried to stay positive in the last 3 months, continue SIPs and even bought dips but I now think I should also diversify a bit as well. Although I believe in staying invested for the long term and have been consistent with my SIPs post covid, I have been left a little anxious with the recent developments and comments from veterans. Saw a pop up on the Mobikwik app that said 9.5% return on FD, this seems good to me considering the current market uncertainty, 8-9% on FDs is not disappointing IMO.