When talking about good investment schemes along with lower risk on investment, FD, RD, and MIS are three top choices. However, it is difficult to claim either one of the three as best. Every investor has different need and expectation from his/her investment, and the ‘right’ investment depends largely on the two factors.


So, whenever you find yourself surrounded by the need to invest- you need to evaluate all your investment options using the below-mentioned factors.




Investment Amount: The answer to 'right investment choice' largely depends on your investment limit. How much are you planning to invest? If you have a low investment budget, you can invest in FDs (Fixed Deposits) and earn a decent profit. An investor can start an FD account even with a mere sum of Rs 1000.

Tenure: Investment schemes with tenure flexibility are always better because you get to choose your investment maturity period. You can invest in FD for a period ranging from 12 months to 5 years. In MIS or RDs you have to invest for a longer time to gain profits.

Return on Investment: Needless to say that the return on investment depends upon the interest rate offered on investment.
FDs offer interest rate up to 8.10% p.a; whereas MIS and RD offer an interest rate of 7.5% p.a and 6.75% p.a respectively.


Tax benefits: With tax saver FDs you can invest up to 1.5 lakh and claim tax benefits on the interest gains.