Anil is a retired from the Central Government Job in 2023. He is planning to invest ₹ 10 lakh in Fixed deposit and ₹ 25 lakh in mutual funds schemes. As these are the retirement fund, he is very cautious about the safety
CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · December 2023
Anil is a retired from the Central Government Job in 2023. He is planning to invest ₹ 10 lakh in Fixed deposit and ₹ 25 lakh in mutual funds schemes. As these are the retirement fund, he is very cautious about the safety of investment. Is there any scheme of the Govt. for protection cover against losses in case of failure of bank/Asset Management Company ?
Topics: Investment Protection
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