Mutual funds are used for goal planning by many investors. However, it totally depends upon what type of mutual fund scheme you choose. Previously, we have discussed 4 main types of mutual funds, but it also has sub-categories...
Category - Mutual Fund
In previous post, we have seen Basics of Mutual Funds. Investors use mutual funds to minimize their risk by investing in diversified portfolio of stocks in different sectors. It is less risky than holding individual stocks...
In India, saving is a common habit among most people. They keep their money into Saving A/c, Fixed Deposits (FD), Recurring Deposits (RD), Post Office, Chit Funds, Life Insurance and Annuity Plans. It hardly gives 3-5.5% return...