Debt Mutual Funds

Debt Mutual Fund

Debt Mutual Fund

What is Debt Mutual Fund ?

Subramanian

When we buy a house loan from bank,

  1. Bank provides us money
  2. We need to return the money after fixed number of years
  3. Bank charges a fixed interest rate for the money that it has lent

However, we also lend money to banks. In case of a fixed deposit, we lend money to the bank.