Bank's Fixed Deposit VS Mutual Fund Debit Instrument ?

[Shyla Bernetta]

Bank fixed deposit is completely secure and gives a fixed return - the interest earned is taxable. Mutual Fund debt instruments issued by corporates, banks, rbi. They are not completely secure (very little risk) the risk is mostly to returns since the return is not absolutely fixed, however returns are taxfree in the hands of the investor.

 

[hazri99]

in Public bank have 1 product name
PB Fund + FD 5:1 ratio.. special rate

 

[enzo520]

Ya.
PB fund is quite reliable.
after this global resession, it's quite a good time for investing now.

 

[bazsh]

What is the minimum deposit to invest in PB Fund?
What is the usual return rate?

 

[thunderbird]

any info on AMBank

 

[RsJunkie.Com]

sila sila... any infos appreciated

 

[jurgonwell]

Hi Mate

I agree that Government undertaking banks are completely and secure to deposit money as the Government is fully liable for depositor's money. I don't have much confidence with respect to private banks as the recent recession in America had led to collapse many private banks.

 

[FadzilahMamat]

What is the minimum deposit to invest in PB Fund?
What is the usual return rate?

Minimum investment is RM1000.

Past return is around 10-12%.

 

[gabanyayaya]

Minimum investment is RM1000.

Past return is around 10-12%.

Kata fix deposit....kenapa pula dipanggil fund. Boleh terangkan sikit. PB fund nie. Ini kira hybrid ke ???

Tengah cari cara nak invest nie.................

 

[gabanyayaya]

in Public bank have 1 product name
PB Fund + FD 5:1 ratio.. special rate

Ada info pasal FD bro?