Saving is the practice of putting money aside for use in the future. This is typically done using an asset that is easily accessible and with low-risk. Bonds are a popular saving instrument.
Investment is the practice of purchasing assets that may include stocks, mutual funds, etc. with a view towards receiving capital gain and returns. Investments are largely associated with a longer term than savings.
Investment is broadly divided into two:
International Mutual Funds enable investors to invest in securities that aren’t limited to the home country but across geographical boundaries. Often, these funds are also known as Foreign Funds.
Here, NRI’s receive an advantage with multiple international solutions in dollar denominated currency to mitigate against currency depreciation. Further, NRI’s in UAE can invest in US dollar denominated Indian mutual funds.
These plans help you build your wealth without putting your capital at risk. They are not subject to market risk, making them a perfect investment for anyone averse to risk. Investors of these plans receive a bonus every year which is guaranteed. The following are a number of the Endowment Plans with Capital Guarantee
A lot of times the difficulty in comprehending financial jargon can keep someone from taking advantage of several prosperous opportunities.
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