If I invest a certain amount every month in all above instruments for certain period of years(amount and period being same in all 3 instruments) and annual return being same, Shall I receive same amount on maturity? What is the formula for calculating maturity value?
Ashok-If returns % are same and frequency of compounding is also same, then all must provide the same return of amount. So if RDs have compoudning frequency of quarterly, then you to make it yearly effective return. After that, if this effective RD rate and equity MF SIPs rate of returns are same, then the maturity amount must also be same.
Thanks a lot for very prompt reply.