Steady returns and low risks are two of the most common factors which investors consider before choosing an investment option. Since no investor wishes to put his/her investment at risk, consequently, they look for the safest options to invest in. Regardless, one should base their investment-related decisions entirely upon factors like their age, risk appetite, financial goals, and investment horizon. For instance, investors who are mostly risk-averse and are looking for a steady income mostly prefer fixed deposits in India, among other schemes. Likewise, the following highlights the most preferred…