Bank FD or Mutual Fund... Where is it more profitable to invest ₹10 lakh for 10 years?

While saving money is difficult, investing it in the right place is an even more significant decision. If you have a lump sum of ₹10 lakh, the first question that arises is where to invest it—should you choose a Fixed Deposit (FD) or an equity mutual fund? Making a decision based solely on projected returns often proves to be a losing proposition. The true picture emerges only when we factor in taxes, market risks, and the impact of inflation. Let us analyze the math behind this over a 10-year horizon.

**FD: A Safe Investment**