The best replacement for yamaha fz16 is pulsar 180.

The best alternatives to yamaha fz16 are rated as following:
★★★★★  pulsar 180
★★★★  apache rtr 160
★★★★  honda cbr150r
★★★  cbr 150
★★★  honda cbr150
★★  rouser 220
★  hero honda hunk
★  kawasaki rouser
★  cbr 150r
★  honda cbr 150
★  honda cb110
★  motomel situs 200
★  tvs apache rtr
★  hero hunk
★  rouser 180
  rouser 135

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yamaha fz16
pulsar 180
apache rtr 160