In FD, you can get back a guaranteed return for the tenure you deposited your money.
As for UT, you won't be getting a high return at the beginning and it's also not a guaranteed return. If the fund you're investing in is doing well, you'll be expecting a break-even in 6 months or one year. Minimum recommended investment period for UT is 3 years.
Understanding Unit Trusts (Update 25/6/07 Post#5), Risk taker? Orthodox? All invited.
Apr 7 2007, 10:18 PM
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