Nowadays a boom is being seen in the stock market. Stock market investors are also benefiting a lot. In such a situation, if you also want to earn by investing in the stock market, then this news is useful for you. Not everyone understands the stock market. Due to this many times people harm themselves. If you also do not understand the things related to the stock market, then you can invest in other banking funds.
These banking funds give you the same returns as the stock market. Along with this, you also get a lot of security guarantee on them. Let us know which banking funds, how and when you can start investing instead of the stock market.
You can invest in these equity funds
Instead of stock market, you can invest in Equity Savings Fund. This is an open-ended mutual fund scheme. Which helps you in making a good fund in the long term. Let us tell you, Equity Savings Fund is considered safer and better than other funds. It is quite famous among those who want to invest for two to three years.
How much is the stake
You have to invest at least 65% in Equity and related services in Equity Savings Fund. There are many types of it. Its stake in debt products should not be less than 10%. Depending on the nature of the fund, an equity saving category is considered better for offering less risk as compared to regular equity funds or hybrid fund categories. These funds also offer higher returns and security as compared to other savings schemes.
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