While savings accounts offer an interest rate between 4-6 % p.a., liquid funds on an average provide at least 1.5% more returns on investment.
The decision is expected bring relief to PE, VC funds that have been looking for easier exit options..
It takes less effort, less time, less experience and less specialised knowledge to get good returns from equity mutual funds than it does from directly trading in equities
The lesson here is simple: To make money in the market, remove the human element from the equation. Here's how;
BSE Mid cap index has lost steam in the past few months, thanks to the recent carnage in select mid cap stocks, those invested in the mid cap mutual fund schemes have much more to cheer.
Liquid funds as a category has done better than short term bond funds in the month ended March 7. Liquid funds delivered 0.62% returns as against 0.51% returns delivered by short term bond funds..
Best options to stash your cash
Performance of Gold Savings Funds in India
It's a first of its kind gold accumulation plan that offers the customers the unique opportunity to start accumulating physical gold using a daily price averaging methodology.
A mutual fund or exchange-traded fund (ETF) that invests primarily in gold-producing companies or gold bullion.
Activate your moneybase account and quick start your journey towards financial freedom.
We will take you through a step-by-step approach to financial planning and investment management.