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For self-employed people, Mutual Funds can be a very useful way to grow money and plan for the future. Unlike salaried employees, who often get benefits like provident fund or pension from their employers, self-employed professionals need to create their own financial safety net. Mutual Funds help in this by offering many choices such as…

Mutual Funds present a more attractive investment compared to Fixed Deposits (FDs) and the Public Provident Fund (PPF), particularly for individuals seeking long-term wealth creation and inflation-beating returns. While FDs offer safety and assured but modest returns, typically in the range of 5–7% per annum, the interest earned is fully taxable, which further reduces the…