SIP vs recurring deposit: choosing the best investment for your financial growth When it comes to saving and investing money, most people look for options that provide a balance of safety, returns, and ease of access. Two popular methods for systematically growing wealth are the Systematic Investment Plan (SIP) and the Recurring Deposit (RD). Both of these financial instruments allow individuals to invest small amounts regularly, but they differ significantly in terms of risk, returns, liquidity, and suitability for different financial goals. In this article, we will delve deep into the concepts of SIP and Recurring Deposits, comparing their features,…
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