By Nivesh Gyan 25 NovemberCategory: General
One of the frequent questions asked by an investor: “Should I keep my savings in Bank or invest in Mutual Funds?” In this video, we have shared some knowledge on why investors should choose Mutual Funds over Savings Account!
If an investor wants to keep his money safe & earn high returns at the same time, then it is recommended to invest in Liquid Funds.
Why Choose Liquid Funds over Savings Account:
1) Better returns than Savings Account: In Liquid Funds, investors can earn 6-7% return when compared to Savings Account which deliver 3-5% return.
2) T+1 Liquidity: Investors can withdraw their money anytime & money will be deposited in the account in the next working day!