Difference between an IPO and an NFO

A Fixed Deposit (FD) gives you interest on the money you put in, while a Mutual Fund (MF) gives you returns on the money you put in. Whether a Mutual Fund, Systematic Investment Plan(SIP), or Fixed deposit is best for you depends on your financial goals.

An FD gives you interest, while an MF gives you returns. Your financial goals determine whether MF, SIP, or FD is best.