At a time when interest rates paid on traditional investment options like fixed deposits are declining, investors need to consider investing in equity mutual funds to be able to meet their long-term goals. Not only can equity mutual funds offer them better returns over the long-term, but they are also more tax efficient compared to traditional savings instruments.
Mutual funds also offer higher liquidity compared to fixed deposits. If you invest in the latter, you end up paying a price if you withdraw your money before the completion of its tenure.
If a retail investor puts Rs 25,000
Mutual funds also offer higher liquidity compared to fixed deposits. If you invest in the latter, you end up paying a price if you withdraw your money before the completion of its tenure.
If a retail investor puts Rs 25,000