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Comparing mutual funds and brokerage accounts is a little like comparing apples and oranges. While mutual funds are professionally managed investment products, brokerage accounts are used for ...
Robo-advisors offer algorithmically-managed accounts at a lower cost for everyday investors with low starting balances. A mutual fund is a type of managed account, but it is open to anyone with ...
Mutual funds give individual investors access to professionally managed portfolios of stocks, bonds and other securities. Asset management companies (AMC) have not made it mandatory to have a demat ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Demat accounts are useful when it ...
Interestingly, 2023 is the second year in a row that mutual funds have overtaken fixed deposits (FDs) as the preferred investment. The trust in savings accounts remains unwavering among Indians.
Brokerage accounts offer more flexibility and control over individual investments, while mutual funds offer diversification and professional management for a hands-off approach to investing.