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?
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?
CA. B.SRINIVASULU
(Expert)
23 February 2009
Mutual funds will garner a revenue of around 12%.
Bank fixed deposits are safe.
Bank fixed deposits are safe.
CA.Tarun Maheshwari
(Expert)
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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