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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 / 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 |
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