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Different banks will offer you different rates depending both on their location and your current financial situation, so the best way to find a mutual fund tailored to your needs is to shop around and learn about the options nearest you. What is the best bank for one family might not be able to offer competitive rates to another.

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Q: Which bank should one approach to get the best mutual funds?
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What informative websites can tell me what mutual funds investments are?

Mutual funds are best sought through your bank or bank website. You will find out the different types of mutual funds, the different levels of risk and whether you want them at all.


What should a beginning investor know before purchasing online mutual funds?

A first time investor should be aware of the risks involved with purchasing online mutual funds. You may want to speak to a financial advisor from your bank.


What are debt mutual funds?

Debt mutual funds are like Equity mutual funds with one main difference. Equity mutual funds buy shares whereas Debt mutual funds buy bonds and other debt products. So the returns on investment would be similar to what a bank would give us.


What are debt funds?

Debt mutual funds are like Equity mutual funds with one main difference. Equity mutual funds buy shares whereas Debt mutual funds buy bonds and other debt products. So the returns on investment would be similar to what a bank would give us.


How do I invest in mutual funds?

Investing in mutual funds can be very difficult thing to do since many people do not understand how they work. You can simply walk into any bank and ask a banker in order to help you invest in various mutual funds.


Which online bank offers the highest rate of return on mutual funds?

There are variety of rates of returns for mutal funds. Fool.com rates historical prices of mutual funds including fees charged.


Who can help you invest in mutual funds?

Contact your local investment advisor in your bank. He/She would be able to guide you with the investment options in mutual funds. You may require some documents like PAN card, Address proof, Identity proof and also money in your bank account to conclude the purchase of the mutual funds.


Are mutual funds covered by federal market insurance?

No. Stock Market Investments (Mutual Funds as well) are not covered by federal insurance. It covers only bank deposits


Must mutual funds be held in street names?

Mutual funds must be held in a person's real name. This is the name on their birth certificate, or found on their drivers license, or other form of identification.


Are American funds in trouble?

no, despite the similar name, the Washington Mutual funds are in no way related to Washington Mutual bank. Please read the FAQ and fund information at www.americanfunds.com


Re mutual funds what does B I N account stand for?

Bank Identification Number


Is ok to invest in State bank of India Mutual Funds?

Yes. SBI Mutual Funds is a profitable and well performing mutual fund company in India. However all funds offered by SBI are not performing greatly so, you must look at the funds prospectus, offer document and past performance before taking your investment decision.