Author: Invest Policy
Invest Policy
InvestPolicy.com is one of the leading portal when it comes to insurance, investment, loans, market and banking information. Our main motto is to help our customers make personal finance decisions easy and convenient as per their comfort. We are committed to providing accurate and unbiased information at your doorstep and keeping it transparent among our customers.
Investing is a crucial aspect of personal finance, and understanding different investment options can help you make informed decisions. Two popular investment avenues, especially in India, are mutual funds and chit funds. While both can help in wealth creation, they are fundamentally different in structure, operation, and risk profile. This comprehensive guide will explore mutual funds and chit funds, highlighting their features, benefits, drawbacks, and key differences to help you decide which investment option suits your financial goals. What Are Mutual Funds? A mutual fund is a collective investment scheme that pools money from multiple investors to invest in a…