Money Guru: FD or Debt Funds? Where is the investment beneficial for small goals?

The Reserve Bank of India on May 4, 2022 increased the repo interest rate by 40 basis points (bp) to 4.4 per cent. People generally believe that Investing in Fixed Deposits or FDs is the most convenient option as it is safe and provides fixed returns. But is this the best way? Though fixed deposits are an easy investment option for everyone, however, the taxable return on fixed deposits is much lower than that of debt funds. Moreover, when held for a long period, Debt Mutual Funds give good returns. Before taking the final decision to invest in debt mutual funds or fixed deposits, go through the detailed comparison of these investments. Watch Money Guru for more details.