Investment in mutual funds
This query is : Resolved
Padmini Changediya
(Querist)
29 April 2016
If my income is below the taxable limit, which investment option gives more return - fixed deposit with nationalised banks or mutual funds?
CA MANISH SAXENA
(Expert)
29 April 2016
Hi Padmini,
Because u mention that your income is below taxable Limit then I am Assuming that your Risk taking power is low as Mutual fund have some risk in comparison to FD.
Thanks!
Because u mention that your income is below taxable Limit then I am Assuming that your Risk taking power is low as Mutual fund have some risk in comparison to FD.
Thanks!
Message likes :
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Murtaza I Bhagat
(Expert)
29 April 2016
Mutual find is for long term investment and it will give you handsome return if you wait for longtime but it is with risk and bank deposit is also good option it is for short term or long term but fixed return. so its upto you to decide where to invest.
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