In your interest.
Online Personal Finance Magazine
No beating about the bush.
Savings bank accounts now provide higher effective interest. Even so, liquid funds may be a better option to park your short-term cash.
A savings bank account is perceived by many investors as the safest option for parking cash, despite yielding a pitiable return. Lakhs of crores worth of people’s money is sitting in savings bank accounts; sometimes even highly educated and savvy...
Investors are surprised when gilt funds lose money, finds Ravi Samalad. But the difference between the top and bottom performers of gilt funds is huge
A few weeks ago, one of our readers wrote to us about the performance of a gilt fund he had invested in. He had invested Rs6 lakh in a long-term gilt fund at an average NAV (net asset value) of Rs20.39 in 2008. When he wrote to us, its...
They are managed by debt experts but don’t beat FDs by a mile, as Sanket Dhanorkar found out
Most of our money is locked in fixed deposits with banks. There are other ways to get fixed income, though. One such route is investing in debt funds. Debt funds are managed by professional money managers who put the money in a variety of bonds and understand the ups and downs of the debt...