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Tell Me News Like A Friend (25 July – 31 July)

What the pundits had been saying for a while has turned out to be true. Even the worst performing mutual fund schemes have returned more than Public Provident Fund and Fixed Deposits.

What the pundits had been saying for a while has turned out to be true. Even the worst performing mutual fund schemes have returned more than Public Provident Fund and Fixed Deposits.

While the worst funds returned 13.71% per year over a 15 year duration, PPF and FDs returned a little above 9% per year. If you chose smartly, the returns on average with SIPS in equity mutual funds have been 21.5 %.

What should I do:

Make a smarter choice. Instead of depending entirely on FDs, start investing regularly in good equity mutual fund’s through SIPs. Why not try Scripbox which makes SIPs a breeze?

Read the full news article here

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