New Delhi, Sept. 17 -- For conservative investors, one of the key wealth goals is to invest in a safe and secure investment option. There are several investment options for such investors, but we take a hard look at only two such options: fixed deposits and debt mutual funds. Both offer low but assured returns on investment.

Typically, fixed deposits (FDs) offer anywhere between 6 to 7 percent interest per annum, and debt funds offer slightly higher returns based on the category and AMC (asset management company) you choose.

Different categories ofdebt mutual funds include money market funds, low duration funds, liquid funds, short duration and long duration funds, among others. Similarly, the interest rate onfixed deposits also varies ...