Hi
I have 5 lacs to invest. I have gain little knowledge about mutual fund.
Equity fund, debt fund , balanced fund etc.
1) My father and his frnds suggest to give person to person on 1% interest of month so every month I'll get 5k.
2) Bank manager suggest me go for mutual funds
3) some old bank employee suggest dont go for mutual funds you'll lose money amd its risky go for FD.
M so confused what do to. Kindly give me suggestion.
And advantage and disadvantage of all of these.
Thank you
Sent from my LG-H818 using Tapatalk
I have 5 lacs to invest. I have gain little knowledge about mutual fund.
Equity fund, debt fund , balanced fund etc.
1) My father and his frnds suggest to give person to person on 1% interest of month so every month I'll get 5k.
2) Bank manager suggest me go for mutual funds
3) some old bank employee suggest dont go for mutual funds you'll lose money amd its risky go for FD.
M so confused what do to. Kindly give me suggestion.
And advantage and disadvantage of all of these.
Thank you
Sent from my LG-H818 using Tapatalk
Mutual fund Vs money lending Vs FD
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