RD vs SIP
Compare a recurring deposit against a SIP for the same monthly amount.
An RD (Recurring Deposit) and a SIP (Systematic Investment Plan) both let you invest a fixed amount every month, but they work very differently: an RD is a bank product with a guaranteed, low interest rate, while a SIP invests in mutual funds with a higher potential but market-linked, uncertain return. This calculator runs the same monthly amount and duration through both, side by side, so you can see how the projected corpus compares — while remembering that the RD number is far more certain than the SIP number.
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RD returns are fixed and bank-backed; SIP returns are market-linked and not guaranteed — a bigger projected number doesn't mean lower risk.
SIP compounds monthly while RD compounds quarterly, so even at the same annual rate their year-by-year growth isn't identical. Both sides assume the deposit lands on the 1st of each month — the bank RD convention — so the RD figure matches what a bank's maturity slip shows.
Risk note · Market-linked investments (mutual funds, stocks, SIPs) carry risk. The return you enter is an assumption — actual returns vary year to year, can be negative, and past performance does not predict future results. A smooth projected curve never happens in real markets; the final figure can land well above or below it.
Disclaimer · finkit is an educational tool, not financial, tax or legal advice. Every result is a projection from the numbers you entered and the assumptions stated on the page — it is not a forecast, a quote, or an offer. Check decisions with a SEBI-registered adviser, your lender, or a tax professional.
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