Recurring deposits could be a better option for accumulating ₹10 lakh by 2028 if an investor seeks safe returns, as per NDTV Profit. SIPs could offer higher growth but come with market risk. To hit the ₹10-lakh target, an RD at 6.5% per annum interest rate requires around ₹25,200/month investment, while an SIP, assuming 12% annual returns, needs about ₹23,300/month.