Is there anything better than FD?
Corporate deposits: Though the interest rates of corporate deposits have also come down, it is an alternative to FDs as the interest rates offered by slightly higher than those offered in FDs. It is the same as fixed deposits with a slight variation that individuals can invest their money in top companies.
What is better than a mutual fund?
Mutual funds may require a minimum investment. When following a standard index, ETFs are more tax-efficient and more liquid than mutual funds. This can be great for investors looking to build wealth over the long haul. It is generally cheaper to buy mutual funds directly through a fund family than through a broker.
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[PDF] A STUDY ON FIXED DEPOSIT SCHEMES IN SELECTED INDIA
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