Ask Fund Manager

Mutual Funds vs Cryptocurrency
April 30, 2018 Posted By MCB Funds

You must have heard about the hype surrounding cryptocurrency, which is one of the hottest topics in the digital sphere right now. While it has made many investors big winners overnight, the notorious crypto has blatantly turned the table for many investors.

When it comes to investments and growing your money over time, there is no better way than investing in a fund that is not too risky and is also reliable. For that, Mutual Funds are one of the most convenient and safest investment types for everyday investors. Why? Because they’re easy to start with and simple to understand.

Now that the Government of Pakistan has banned cryptocurrencies, let’s take a look at some of the reasons why Mutual Funds are better than crypto currency.


Investing in crypto currency is like gambling, you never know what will happen to your money the next minute. As the cryptocurrency market is highly unpredictable and unstable; it can make you rich in a day or wipe out everything you‘ve invested in the fraction of a second. Whereas, with Mutual Funds, you don’t have to spend all day stressing about market highs and lows since fund managers are here to take care of your hard earned money.


The information regarding crypto currency is vague and curtailed and there’s still a lot of confusion about how it works. What makes it tricky is that Cryptocurrencies are not even regulated by any entity. Mutual funds on the other hand, give you clear details in OD (offer document) making investments as transparent as possible. They’re also regulated by government bodies like CDC (Central Depository Company) or SECP (Securities & Exchange Commission of Pakistan) for grievance/complaint. Whereas, lack of regulations in cryptocurrency makes it a risky investment avenue.


The withdrawal process of crypto currency is a very time consuming and tedious; mostly the digital exchange is prone to error and doesn’t function properly for days. Whereas for mutual funds, it is very simple and convenient as there is no lock-in period and you can withdraw your money anytime you want.


Opening a cryptocurrency account is definitely going to cost you an arm and a leg as the entire procedure is very complicated and tiresome, but creating a mutual fund account with isave is as easy as unlocking your phone and is free of cost. The best part? You can get started with as little as Rs. 500. Now, iSave can be linked to your bank account. Can crypto be? No!

Despite being on a generally upward curve for the past several years, Cryptocurrency’s honeymoon with savvy investors has finally come to an end. So instead of looking for volatile investment options that claim to make you rich overnight, it is vital to make a smart move and give Mutual Funds a try for a more holistic approach. All good things in life take time, and mutual funds are no different.

So, Stop hesitating and start your hassle free investment journey with iSave account today!