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...
Canara Bank Changes The Interest on Fixed Deposits; New FD Rates Come Into Effect From October 1, 2020
Canara Bank has changed the interest rates on fixed deposits (FD) from less than Rs 2 crore. The bank has raised interest rates on some FDs while cutting interest rates on some FDs. The bank has cut interest on 1-year FD. Now you will get a 5.30% interest on FD maturing in 1 year. Earlier it used to get 5.40 interest. We are telling you what has been the change in interest rates. The new interest rates have come into effect from October 1, 2020. How much interest will be received on FD