What is Fixed Deposit (FD)?
Fixed Deposit (FD) is the most popular saving investment plan nowadays. It is a simple medium to save your money and gaining interest on that amount. The plan may be for short-term and long-term investments as per users' requirements. Before opening a fixed deposit account you must have to meet the eligibility criteria for it.
What is Mutual Funds?
Basically Mutual Funds are market-based investment instruments that have no fixed rate of return. It is popular among investors because it is easy to use in many ways. This investment scheme creates a group of people (investors) to their money in stocks, bonds.
