Why you should put your savings in Mutual Funds instead of bank?

Bank gives an interest rate from 3.5% to 6% per annum.

But mutual fund gives you a return from 5% to 35% and the average return is
around 15% to 18%.

And you should keep invested for at least 5 years for a better return.

The current return rate is 25%

There is always a risk in Mutual Fund, so you need to have a lot of patience but
with patience, you get higher returns.

I always suggest, INVEST, and FORGET.

So choose wisely, Bank or Mutual Fund?

#financialplanning #mutualfunds #investments

Posted by Amitabh Songara on Facebook
link: facebook.com/iamsongara