Mutual funds are one of the great investing options for individuals with no prior knowledge about investing. And the best thing about mutual funds is that it can be started with just Rs 500 a month. There are many reasons why mutual funds should definitely be a part of your wealth building portfolio. Continue reading “I don’t know anything about investing, are mutual funds meant for me?”
State Bank of India and Bank of Baroda has reduced interest rate on its savings bank account to a paltry 3.5% per annum. If you have a savings bank account with either of these banks, you must be wondering what to do next?
Well, you have now more reasons to keep your money in liquid mutual funds which are completely safe and secure & you can earn 7% – 9%* interest per annum on them, while you earn interest daily on these funds there is no lock-in i.e. you can withdraw your money anytime instantly! Min. amount you need to start off is only Rs. 500. Continue reading “State Bank of India has reduced it’s interest rate on savings bank account to 3.5%. How can you earn higher than this?”