Mutual Funds

This query is : Resolved 

23 February 2009 Banks in India offering 8.5 to 9 % interest for fixed deposits.

Mutual funds are subject to market risk. Eventhough an average how much percentage
we will get as interest per year.

At present, which is the safe & best mutual fund scheme in India?

How we make accounting entry in accounts software for mutual fund interest receivable?

23 February 2009 Mutual funds will garner a revenue of around 12%.

Bank fixed deposits are safe.

23 February 2009 In this kind of volatile market, nothing ca be said about the returns of mutual funds, as they are also based on market conditions.


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