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
- 21837 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
How can i create a business blueprint document for SAP FI, CO , SD Module?
Where were Olympics held in 2016 and now when will they take place and where?
Tell me the characteristics of a hands-on BSA?
What Are The Various Systems Of Accounting?
What Are The Different Ways You Can Operate Your Accounts?
How can i start buying a share. How can i find dealers. Can any one give me just an idea about this. When to buy ? How to buy? where to Buy ? How can i sell it ? How i came to know it is right time to sell . so that i can gain money ? Advance thanks
Will I Have To Go To Court?
What is CAR?
what is the difference between cash memo or credit memo vs invoice any legal action can be taken against cash or credit memo.
What is the validity period of a cheque?
Why do accounts need adjusting entries?
Explain liquidity group ratios.
Explain fixed assets and investments
hi, as we know that the indian rupee is depeciating, i what to know why is it happenning, and wat will be the effects in the indian econony?
What is demonetization?
