Invest In Place Of The Bank Here In The New Year, Double Benefit
It would be difficult to save a large amount at the end of every month by the employers, but it also gets interest between 3.5-6% on the savings bank account. But if you invest in your mutual fund instead of your bank, you will get double benefit.
You can get more returns from the bank by investing in a mutual fund. Not even that you have to invest thousands of rupees to invest in a mutual fund, you can start investing at Rs 500 from this. If you want, you can increase your investment further.
According to a senior official of Fundsindia.com, if you are not investing in mutual funds, you should get started soon, because it has many advantages. Learn about its benefits ..
More returns:
The mutual fund gives more returns than the interest on your bank account. Viewing records in the last 10 years, you can get a 10-12% return.
More benefits in low amount:
In the mutual fund, you can start by investing only 500 rupees. There are also options that you can increase the investment you want every month.
Freedom of choice:
According to the rules you decide on FD, you have to put in a bank. You have the freedom to choose a mutual fund. Where the option is, how much you want to invest, how many years you want to do it. Apart from this, you also have the freedom to choose a fund for the investment.
You can do the VideoLoad:
Most of the entities that offer mutual fund facility have the facility to videotle when you want to invest with them. That’s why your money is not locked like a FD and you can use it in an emergency mode.
Easy to open a bank account:
In the mutual fund, the investment bank has become easier than opening an account. Nowadays almost all the mutual funds have the facility of online investing. Apart from this, you can also order the bank to invest the amount determined every month.
Note this:
Before you start investing, get the full information about the funds you are investing in and invest in.
