Mutual Funds Vs Stocks - Which is a Better Option for Investing?
Account Management 1. Mutual Funds - The account is managed by a professional Fund Manager. 2. Stocks - You will have to manage your account yourself.
Risk Factor 1. Mutual Funds - Risk can be lowered by using Equity. 2. Stocks - Stocks are susceptible to market volatility.
Flexibility 1. Mutual Funds - Less flexibility with the transaction 2. Stocks - More flexibility with the transaction
Tax Benefit 1. Mutual Funds - You can claim a tax deduction of around Rs 1.5 Lakhs per year for all ELSS Funds. 2. Stocks - No tax benefits on stock investments.
Summary - If you are looking for a safe investment option, Mutual Funds can be a good choice. - If you can trade with proper knowledge, investing in Stocks is a better choice.
For more information on Mutual Funds Investment please visit - https://www.hdfcsales.com/mutual-funds
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