Bank’s Fixed Deposit VS Mutual Fund Debit Instrument ?



Which is best ? Bank’s Fixed Deposit or Mutual Fund’s Debit Instrument ?
I want to save fixed amount of money every month in a Safe and High Interest yielding Instrument.
Please advice.

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3 Replies to “Bank’s Fixed Deposit VS Mutual Fund Debit Instrument ?”

  1. Since you want safety, then the bank is the best place. Its FDIC insured.

    But mutual fund debt also has very little risk, with a higher return.

    Mainly because they invest in multiple bonds, so that no single bond will affect the fund.







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