Rs 20,000 SIP vs Rs 20,000 RD: Which monthly investment can generate higher returns in 5 years?
Monthly investments of Rs 20,000 in mutual fund SIPs and bank RDs are compared. SIPs offer potential for higher returns over five years, while RDs provide predictable outcomes. India Post RD offers 6.7% interest, yielding Rs 14.27 lakh after five years.
The Bharath News1 min readSource: ET Real Estate
Read in
Monthly investments of Rs 20,000 in mutual fund SIPs and bank RDs are compared. SIPs offer potential for higher returns over five years, while RDs provide predictable outcomes. India Post RD offers 6.7% interest, yielding Rs 14.27 lakh after five years.
Read the complete story at ET Real Estate00