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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?
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Answer Posted / pravin
if u invest in mutual fund u will recieve fluctuating
dividend every month for e.g-(LIC MIP-monthly income plan)
and there r many schemes r there. And the benifit is u will
recieve dividend and also more amt. as compare to ur
invested amt.And in bank u will get 9.5% when u invest in
FDR. And here u can with draw ur money any time.
| Is This Answer Correct ? | 9 Yes | 7 No |
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