Interested to Buy Any Domain ? << Click Here >> for more details...
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?
- 15 Answers
- 25767 Views
- ABN AMRO, Wipro, I also Faced
- E-Mail Answers
Answer Posted / sanchit
Because mutual fund are giving more return with little risk
and and here u have the flexibility to wihdraw ur money
whenever u want but in banks if u have made fixed deposit u
are bound to complete he period of fixed deposit. and
seeing the current scenerio where inflation rate is high
i.e. 11.5% invesing in bank will eat up your money because
inflation is even higher than he return so it is more
profitable to invest in mutual fund and to amke your money
grow.
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
what are the fundamental reasons behind the present worldwide economic downturn?
Where is corporate office of LIC located?
Do Banks have reservation? If yes, what is the percentage?
What are the features of negotiability?
What is 'mobile banking'?
Do you know what percent of the revenue the companies have to contribute towards CSR?
What is meant by priority sector?
What are RTGS and NEFT?
What do you mean by commercial banking and explain its types?
What is national banking entrance exam (nbet)?
What are the security features that are being provided to a person in the stock market?
Tell about fiscal policy?
I am attending the interview in ICICI BANK i need the interview tips and questions
Define Public Expenditure?
What idea do you have about subprime lending?
