What is Mutual Fund? With respect to mutual funds, many creditors pool their investments in a trustworthy way. It is one such investing tool. Indeed, this investment is handled by an experienced team of finance professionals, known as the Asset Management Company (AMC), who further invest this accrued capital in various financial products such as securities, stocks, commodities, etc. In fact, investors participating in mutual funds have a similar purpose, so it cannot be misunderstood to assume … [Read more...]

In contrast with capital markets, fixed deposits are seen as a safer investment choice. You can compensate for the deposits at a fixed rate for a specified time and collect returns on the balance paid before the expiration of the FD term. You can comfortably park your investments in the FD schemes of the Union Bank to gain great income. Union Bank of India, India's largest public sector bank, provides competitive interest rates up to 5.90 percent on its fixed deposits. Union Bank FD: Is it … [Read more...]