SIP: Offers market-linked returns with higher potential growth. RD: Provides fixed returns, ideal for risk-averse individuals. Choose based on your risk tolerance and financial goals.

Equity funds: For long-term goals like retirement or wealth creation. Debt funds: For short-term goals and stability. Hybrid funds: For a balanced approach combining equity and debt.

Disciplined investing: Encourages regular savings. Rupee cost averaging: Reduces the impact of market volatility by buying more units when prices are low and fewer when prices are high. Affordable: Start…