When it comes to investing, the choice between mutual funds and fixed deposits often depends on individual goals. Fixed deposits are ideal if you're looking for safety and guaranteed returns. However, the returns might not outpace inflation.
On the other hand, mutual funds offer higher return potential but come with market risks. Equity mutual funds are great for long-term growth, while debt funds are less volatile for short-term goals.
For 2024, which option are you leaning towards? Are you prioritizing safety or higher returns? Would love to hear your experiences and strategies!