Mutual Funds or Fixed Deposits... which is better?
This question is often heard. In reality, both are good. Fixed Deposits (FDs) offer a guarantee and comfort. The money is received at maturity with a fixed interest rate. Mutual Funds (MFs), on the other hand, are invested in large companies. This yields good returns in the long term. Experts say that if Fixed Deposits are like a screwdriver, Mutual Funds are like a power drill. In terms of returns and taxes, Mutual Funds are a better option.
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