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 / 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 |
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