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Mutual Funds Vs Post Office Savings - What's a Better Investment Choice?
What Are Mutual Funds ?
Flexible Amounts: The Systematic Investment Plan (SIP), which is easy to use and convenient, allows individuals who are new to investing or who are hesitant to make large one-time deposits to start small with as little as Rs 500.
Greater profits: Although mutual funds have market risks, their potential to yield larger profits than more conventional saving choices is their most alluring feature.
Despite the fact that india offers a variety of financial programs, Post office schemes remain among the most reliable investments. The government-backed programs have low risk and provide steady, certain returns. Conservative investors looking for sustainable growth and capital preservation are especially fond of these plans.
Individuals can choose from various schemes, such as
Post office Savings Account
National Savings Recurring Deposit Account
National Savings Monthly Income Account
Public Provident Fund Account
National Savings Certificates
Kisan Vikas Patra
National Savings Time Deposit Account
Senior Citizens Savings Scheme Account
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