Fixed deposits or mutual funds?

[bestwriter]

These days there is an increase in the interest rates of bank fixed deposits at the same time there is a fixed income mutual fund category. Not sure what to choose What about you?

 

[nomad]

Even though Mutual Funds have higher returns, I would choose Fixed deposit over Mutual Funds. I have no particular reason for this

 

[timewo]

It is difficult to predict the returns on mutual fund , the performance depends on the fund manager. So it is better to divide the investment between the mutual fund and fixed deposits.

 

[You]

Manual deposits all the way. I prefer having control over my investments, so I opt for manual deposits into my fixed deposit accounts.

 

[Sanjeev]

I will choose mutual funds over fixed deposit because MF gives better profit than FD.

 

[Springtime]

I have both mutual funds and fixed deposits. Yes, interest rate for fixed deposit has increased these days. The beauty of fixed deposit is that there is no risk. The return of mutual funds may be higher, but some risks are involved.

 

[Sanjeev]

But I feel even with considering the risks in MF we may be able to get profits more than what we may get from FD

 

[timewo]

Indian citizens should be aware that government NDML records for some investors are changed without their permission or knowledge due to which they are not able to make any changes in the mutual fund records, withdraw their investment.
NDML refuses to provide information on how the personal details of the investor was changed in their database without informing the investor.

 

[Hate2Wait]

I am yet to try Mutual fund and I am yet to study about it but if I like then I will go for it

 

[Rubz]

If I were you, i think i would go with the fixed deposit since the interest rate is high and it would help you to save more without being tempted to spend the money before the fixed time.

 

[Hate2Wait]

At present I have fixed deposit but soon when I will be aware of mutual funds then I may invest in them and not in FD

 

[grigorie888]

Indian citizens should be aware that government NDML records for some investors are changed without their permission or knowledge due to which they are not able to make any changes in the mutual fund records, withdraw their investment.
NDML refuses to provide information on how the personal details of the investor was changed in their database without informing the investor.

Wow, that's scary! NDML changing investor details without consent or notification. Investors

 

[cherry123]

A friend tried fixed deposit but the outcome wasn't fantastic after all. the interest rate of the bank was very low and I didn't like it

 

[Hate2Wait]

I am still not fully aware of mutual funds and how they work so I am just going for a fixed deposit although I don't like these