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Bank Deposits vs Mutual Funds

Parameters Banks Deposits Mutual funds
Returns Low Better
Administrative exp. High Low
Risk Low Moderate
Investment options Less More
Network High penetration Low but improving
Liquidity At a cost Better
Quality of assets Not transparent Transparent
Interest calculation Minimum balance between 10th & 30th. Of every month Everyday
Guarantee Maximum Rs.1 lakh on deposits None
Mutual Funds
Mutual Funds