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Mutual Funds

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(Querist)
23 February 2009 Banks in India offering 8.5 to 9 % interest for fixed deposits.

Mutual funds are subject to market risk. Eventhough an average how much percentage
we will get as interest per year.

At present, which is the safe & best mutual fund scheme in India?

How we make accounting entry in accounts software for mutual fund interest receivable?
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
23 February 2009 Mutual funds will garner a revenue of around 12%.

Bank fixed deposits are safe.
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
23 February 2009 In this kind of volatile market, nothing ca be said about the returns of mutual funds, as they are also based on market conditions.
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