Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
Axis Bank has changed the interest on Axis Bank Fixed Deposit Scheme (FD). Now 7 days and 29 days FD will get 2.50% interest. Apart from this, now investor will get 5.75% interest on FD of 5 to 140 years. The new interest rates have come into effect from March 18, 2021. Earlier in January 2021, SBI also changed the interest on FD. Now how much interest rate will be received on FD Time P eriod New Interest Rate (in%) Old Interest Rate (in%) 7 Days to 29 Days 2.50 2.50 7 Days to 29 Days 3.00 3.00 3 to 6 Months 3.50 3.50 6 to 11 Months 25 Days 4.40 4.40 11 Months 25 days to 1 Year 5 Days 5.15 5.15 1 Year 5 Days to 18 Months 5.10 5.10 18 Months to 2 Years 5.25 5.10 2 Years to 5 Years ...