Best option for deposit

This query is : Resolved 

24 December 2016 Dear all,
I am employee, currently no any own house property. Monthly saving in salary account about Rs 20K – 25K today balance in my saving accounts 5.3 lacs. We are planning to buy house in near future. What is the best option to deposit 5.3 lacs to earn more interest as well as secure.

26 December 2016 The best option would be invest in the mutual fund and you can prefer debt fund for the purpose.


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