SIP vs RD: Which is better investment option? | Know difference, other details of both schemes

SIP vs RD: When it comes to investment, the primary concerns that come to mind are returns and the safety of money. There are various investment options available, but here we are talking about SIP (Systematic Investment Plan) and RD (Recurring Deposit). The key question here is that if one has to choose between these two options, then which one they should go for? In which one will the decision to invest money be wise? Let us understand the difference between SIP and RD here and discuss what are their respective benefits.