Here money is available for investment, double returns from FD

People often find it difficult to decide whether they should invest in mutual funds or in a fixed deposit? The financial planner advises that if a good person wants a good return and is ready to take risk, then the mutual fund is a good option. However There is no risk and general interest rates FD is a good option if satisfied. FD in bank Hail receives interest of 6 to 7 percent in three years. But if you want more returns then Fund is a good option.

FD is better for Short Term :

Experts believe that for a long period
Investing in a mutual fund is a better option. No one in the short term for the downgrade in the market It is difficult to estimate the company's shares accurately
Is there. Regarding the company's real performance in the long term You know. So if in a year or two FD is OK even if you want to withdraw money For this, Equity, Balance Fund for a longer period
There is a good option.

How much Get Interest :

It is worth mentioning that in most banks, on FD Interest earned from 6.6% to 7.10%.
The utility fund returns are not guaranteed. In 110% tax on lacs returns
Is there. So, if you want to get a return without risk FD is a good option for you. Talk about SBI If you do, there will be 6.7% interest in three years on the FD
Gets 6.75% interest in five years. This
ICICI gets 6.5 percent interest in five years. HDFC gives 6% interest, but five years Tax saving gives 7.65% interest on FD.

Double return from FD :

If you talk about a seminal UT fund,
Around 15% of the average FD Double return is available. In five years you will get 20 to 35 You can expect a return of percentage. However, Based on the stock market there is little risk Is there. However, in long term schemes with understanding Investing can reduce the risk.

Benefit for long-term investment :

There is more than 10,000 interest income by the bank 10% TDS is deducted on it. Reporters Believe it or not, from the mutual fund's fear It is not advisable to withdraw money into an FD. Hence long-term investment in mutual funds If you wait for good return then you will Will be tremendous benefits.