Fixed deposits and mutual funds are two of the popular investment choices. Both options provide investors with promising returns to help them realize their goals well within time.
Where fixed deposits offer guaranteed returns at pre-fixed interest rates, mutual fund investments provide variable returns depending upon how the market performs.
In this article, we shall highlight the primary differences between FD and MF as well as the returns in both these avenues. Also, we shall be looking at the after-effects of COVID-19 on fixed deposits and investment in mutual funds.