A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. High yields or returns for Long term investors.
A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.
A savings account is an interest-bearing deposit account held at a bank or other financial institution that provides a modest interest rate.
Public Provident Fund (PPF) scheme is a popular long term investment option backed by Government of India which offers safety with attractive interest rate and returns that are fully exempted from Tax.
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