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Bank Deposits vs Mutual Funds

IndianMoney.com Research Team | Updated On Monday, November 17,2014, 02:49 PM

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Bank Deposits vs Mutual Funds

 

 

Parameters

Banks Deposits

Mutual funds

Returns

Low

Better

Administrative exp.

High

Low

Risk

Low

Moderate

Investment options

Less

More

Network

High penetration

Low but improving

Liquidity

At a cost

Better

Quality of assets

Not transparent

Transparent

Interest calculation

Minimum balance between 10th & 30th. Of every month

Everyday

Guarantee

Maximum Rs.1 lakh on deposits

None

 

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IndianMoney.com Research Team

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