What's the best way to explain my Dad - Mutual Funds is better option than FD and MF gives higher returns.
His statement is that "it is risky and might have to bare the loss sometimes and can't remove the cash whenever required (has lock in period)
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7 replies10 likes
Account Deleted
Hey I am on Medialย โขย 6m
waiting for finance influencer saying
20lakh ki fd karlo..
3 replies2 likes
Soumya Ranjan Dash
Hit & Trialย โขย 1y
Entry level Salary offered by IT firms in 2003-04: around 2.5-3Lakhs.
Entry level Salary in 2022: around 3-3.5Lakhs.
Inflation every year is around 6-7%.
Yet FD is where 58% of Indians have invested.
FD is safe
FD ensure liquidity
FD return doe
How much cash do you guys carry in your wallet?
In this era of UPI apps, it's hard to save. Thinking about keeping cash in my wallet, but it comes with a risk of being stolen or worse. What's an acceptable/ comfortable amount of cash that you guys k
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14 replies6 likes
Medial User
Hey I am on Medialย โขย 3m
Instead of earning small intrest through banks on FD OR RD diposit will you prefer gifts instead of money . Gifts will save your cost for buying anything
Many people think that if they buy mutual funds from different platforms and keep them, it will be difficult to track them. But that's not true. There's a platform called MF Central, which is SEBI-regulated and keeps records of MF folios and manages
Hello, am thinking of building a app for fd and p2p investment in same, which will help people to compare and invest money
0 replies4 likes
Anm
Hey I am on Medialย โขย 1y
Hey guys! What do
You think is the future of investments, amc and mf in india . Highly regulated but growing exponentially, what do huys think about this?