Mutual Funds: These 5 funds gave over 100% returns in five years
Mutual funds have become a very popular investment option and this trend still continues funds and schemes giving high returns to its investors.
From saving tax to giving robust returns, Mutual Funds have proven time and again when it comes to returns.
If you are still thinking what is Mutual Funds then here is your answer. A mutual fund is a pool of savings contributed by multiple investors. The common fund so created is invested in one or many asset classes like equity, debt, liquid assets etc.
CHECK LIVE MUTUAL FUNDS PERFORMANCE HERE
It is called a ‘mutual’ fund because all risks, rewards, gains or losses pertaining to, or arising from, the investments made out of this savings pool are shared by all investors in proportion to their contributions.
Despite banks reducing deposit rates, Mutual Funds are a good investment optionInvest Rs 1 lakh to earn 37 times more return in 20 years
With markets being bullish, investing in ELSS should be your next option
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