If you wish to deposit money at regular intervals while looking for safety, RD can be an option for you. It can be opened with a bank or post office. The term of an RD will vary from one bank to another. The post office offers a 5-year RD account, whereas an RD with a bank like the State Bank of India comes with tenure of 12-120 months, as per its website.
SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds
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