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Are Banking and PSU funds a good alternative for savings bank account?

Banking and PSU debt funds are open-ended debt schemes predominantly investing in debt instruments of banks, public sector undertakings and public financial Institutions.
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Recent posts

Top 25 equity mutual funds failed to deliver positive returns in June

Sensex gained 1.8 per cent during the month, even as 18 of 30 index constituents ended lower.
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Bond market gets a licence to thrill

The benchmark gauge dipped to 6.31 per cent, the lowest since December 7, 2016.
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Plea in HC for linking property with Aadhaar; Centre, Delhi govt's response sought

A bench of Chief Justice D N Patel and Justice C Hari Shankar issued notices to the Central and Delhi government on the petition and listed the matter for further hearing on October 15.
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Nine points for a healthy financial plan

Kartik Iyer was speaking at the 14th edition of ET Wealth Investment Workshop held in Surat on July 12.
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‘Investors can give Union Focused Equity a miss’

Focused funds typically have concentrated portfolios of 25-30 stocks.
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Investors add 41 lakh demat accounts in a year

This is the highest number of demat accounts added in a year since 2011.
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