which is a better investment option ?
I had an RD account where in the rate of interest was just 7% in ABC Bank. Can any one suggest any other option which could be help me gain more returns ?
Thanks in Adance !!
Investment in RD is safe and hence return is very low. If you want higher return, you have to choose riskier options.
The various options are:
1. Investment in Share Market
2. Investment in Mutual Funds
I would suggest SIP method of Investment as it will accomodate you cash inflow just like RD.