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				PolicyWala Newbie
			
			
			
			
				
					
						
					
				
			
			 
			
				
				
				
				
				
					    
				
			
		 
		
			
				
				
				
					
 Which is the best option to earn higher interest - Term Deposit or Recurring Deposit or Mutual Fund?
				
				
						
							
							
						
						
				
					
						
							I can save upto Rs.15000 a month from my salary. My question - Which is the best option to earn higher interest - Term Deposit or Recurring Deposit or Mutual Fund? If it's TD or RD, is it wise to put that in post office or bank(if so which bank?)or company deposits or MFs(which is the best fund to invest in at the moment?) 
						
					 
					
				 
			 
			
			
		 
	 
		
	
 
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				PolicyWala Newbie
			
			
			
			
				
					
						
					
				
			
			 
			
				
				
				
				
				
					    
				
			
		 
		
			
				
				
				
					
 
				
				
						
						
				
					
						
							It all depends upon how much liquidity you want with your money and for how long you wanted to keep your money invested. 
Safest would be Bank, MFs risk is highest.
						
					 
					
				 
			 
			
			
		 
	 
		
	
 
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				Moderator
			
			
			
			
				
					
						
					
				
			
			
			
				
			
			 
			
				
				
				
				
				
					    
				
			
		 
		
			
				
				
				
					
 
				
				
						
						
							
						
				
					
						
							I would go with Equity MFs with minimum investment (in SIP mode) for min 1-2 years.
						
					 
					
				 
			 
			
			
			
			
		 
	 
		
	
 
		
		
		
	
 
	
	
	
	
	
	
	
	
	
	
	
	
		
		
			
				
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