Why should I invest in Mutual fund which is not secured
rather than investing in Any Nationalised bank which is
giving me guaranteed interest rate of 9.5% per annum which
is also more secured?
Answer Posted / guest
At present most of the Banks are proving interest @8.5%
whereas the return from Mutual Funds are increasing if you
see the last three years trend. Nowadays the policy is if
you want to gain more take more risk. As per my opinin the
investor should not put all the eggs in asingle bucket. He
should invest in Mutual Funds as well as in FDs of Banks.
This will help him to be comfortable and could earn maximum
income at minimum risk.
Is This Answer Correct ? | 7 Yes | 3 No |
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