Debt Mutual Fund
What is Debt Mutual Fund ?
Debt Mutual Funds When we buy a house loan from bank,
Bank provides us money We need to return the money after fixed number of years 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.
In FD’s, you would see a similar resemblance as that of a house loan: