Which is better for investment- fixed deposits or mutual funds and why?

Question Posted / swapna

Which is better for investment- fixed deposits or mutual funds and why?..

Answer / Prasenjeet Sarkar

Both fixed deposits and mutual funds have their own merits and demerits, and the choice depends on individual preferences and risk tolerance. Fixed deposits are safer with a fixed interest rate and tenure, while mutual funds offer potential for higher returns but come with market risks.

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