There are many types of investment tools available in the Indian financial market. You have to invest money and see them grow, Including Fixed deposits and mutual funds as well. These two investment tolls have different terms and conditions as well as interest rates also.
Fixed Deposit:
FD is one of the most trending investment options available in the market. There are many types of benefits available to avail that you should invest money in the FD. FD is offered by the banks and NBFC also the FD interest rate are different as per the bank and company the normal interest rates is 3%-8.75%* This rate fluctuates with time.
Mutual Funds:
Mutual funds are also the popular investment option available in the market. Many users also invest money in mutual funds. It depends on the investors. Mutual Funds also offer the best return up to 15%. The mutual funds are categorized into three parts. Debt MFs, Equity MFs, Balanced MFs.
Before planning to invest money in any type of investment tool it is your duty to check the guideline given below.
- Safety of investment
- Returns
- Taxation
- Interest Rate
- CRISIL Rating
- The reputation of the bank and company
- And other terms also.
