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 / muralikrishnan

If we invest in Mutual fund, our investment will be invested
in the share market which is high risk. Out money will also
grow depending up on the share market value. However if we
invest in the banking sector, there is the fixed intrest it
will be secure. So the mutual fund is the high risk high
profit. In the national banking sector low profit low risk.

Is This Answer Correct ?    3 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain Delegate Administrator Permissions?

619


According to kyc guidelines which are the three documents that are mandated by rbi?

587


What Is The Difference Between Product Costs And Period Costs?

672


What are the duties, powers and functions of IRDA?

723


What is 'saving bank account'?

628






What Is Managerial Accounting?

683


What Is a Mutual Fund?

619


How has Bhartiya Mahila Bank managed to bring the change n the society?

538


What are the numbers of shares on NSE and BSE?

687


Mention some of the mutual fund scheme?

632


What is CBS (Core Banking Solution)?

617


Can you differentiate between cheque and draft?

634


How your goal would coincide with company's goal?

634


What is third party Insurance?

654


What do you know about CTS?

669