Mutual Funds vs Fixed Deposits: Where Should You Park Your Money?

Both serve different purposes, here’s how to decide:

When to choose:

• Short-term, need capital safety → FD or Debt Fund

• Long-term wealth creation → Equity Mutual Fund

Conclusion

Choosing between mutual funds and fixed deposits isn’t about which one is better, it’s about which one is better for you. It depends on your timeline, risk tolerance, and financial goals. If you’re looking for stability and predictability, FDs offer that peace of mind. But if you’re willing to stay invested and ride through a few market ups and downs, mutual funds can reward you with better long-term growth.

Think of it like this: FDs are the well-lit highways- safe and steady. Mutual funds are more like scenic routes, sometimes bumpy, but often more rewarding. Many smart investors use both. Park your emergency fund in an FD or liquid fund, and let your dreams, like a house, a vacation, or early retirement, grow through mutual funds.

The best part? You don’t have to pick just one. Balance is key, and with platforms like Multipl, it’s easier than ever to start your journey.