Other day I was reading a book about how profound impact can be laid by very small yet compound alterations in habits / investments. 
So, it made me wonder what will be differences in returns among <b>Investment A :</b>  You get Compound Interest payable annually <b>Investment B:</b> You invest in equity & hopefully markets do fine .

<b>Investment A :</b> If you invest INR 3000 annually for 21 years, at the interest rate of 9% payable annually.
You would have invested INR 63000 . 
Final Amount after Compound Interest in 21 years : INR 185620 .

Total CAGR : 29% 

while in
<b>Investment B :</b> If you invest INR 3000 in SIPs payable monthly for 5 years ( 60 Instalments ) , there are Mutual Funds which gives you CAGR quite comparable to Investment A ( of about 28 % ) .

So, I presume it's better to Invest in Mutual Funds ( which is quite volatile ) but SIP mode dissolves volatility considerably.

Fingers crossed.