Unlike SIPs, RDs come with guaranteed returns. (Photo Source: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Weddings in India can be an expensive affair as people tend to mark their special day with grand celebrations. As a result, the cost can even rise into lakhs due to expenses on decoration, food, photography and wedding outfits, among others. This means saving early for weddings is a critical step to be able to fund hefty expenses without hurting your long-term financial goals or emergency funds.

While planning early is a smart financial move, it is also important to carefully choose investment instruments to optimise your returns.

A Systematic Investment Plan (SIP) and a Recurring Deposit (RD) could be suitable options to save for financial goals. In a m

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