Dhaka, Oct. 27 -- Chairman of the Bangladesh Securities and Exchange Commission (BSEC) Shibli Rubayat-Ul-Islam has said investment in mutual funds is much more profitable than the fixed deposits in banks.

"The clients can now get 5 to 6 per cent interests on their bank deposits, but on the other hand, investments in mutual funds and in some shares is much more profitable. Mutual funds in the country now have the capacity to give 10 to 18 per cent dividend," he said.

The BSEC chief gave the information in his address at the inaugural function of a personal finance-related online portal 'Amar Taka' and also at the inauguration of a financial literacy programme on Tuesday, reports BSS.

He suggested the investors, who do not have enough kn...