which is a better investment option ? - Business & Economy - Investment - TIK Share

which is a better investment option ?


Babulal Shiradana

2013-10-13

Hi,

 

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 !!

CA Pulkit Sharma

2013-10-14

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.

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