Tax benefits are available in both options. A 5-year FD qualifies for tax deduction under Section 80C, while equity-linked savings schemes (ELSS) in mutual funds offer tax benefits along with higher ...

SBI 5-year FD and top ELSS mutual fund in terms of CAGR, has grown to in 5 years. A tax saver FD has an investment duration of at least 5 years. An investor following the old tax regime can ...

A mutual fund is an investment option that pools money from several investors to deposit in a diversified portfolio of stocks, bonds and other securities. Each investor owns units that represent a ...