As I am earning through consulting apart from the salary. I get to invest 60,000/-INR yearly into savings . I have long term goals of travelling across Asia and for that I want to save. I want to know which is good FD, MF or PPF. I don’t want to touch the savings in the PPF. Also I am not much aware of the MF so I would like to know which is a good option for me.
Also anyone have any sources to understand MF for totally clueless? I want to know the dumbdown details like how to withdraw after maturity of MF etc. if that is my option.
For now, I want to know if there is a good option to save my money?