Typically Conservative Mutual Funds have a high level of security combined with the opportunity to realize better yields.
Investment in Mutual funds is not bound by terms compared to the deposits. The management company publishes the NAV (net asset value) per unit on a daily basis. NAV per unit is the value of one unit of the fund. The clients have constant access to their assets and the ability to realize the yield at the moment of the redemption.
The capital gains realized from the purchase/redemption of units of local and foreign mutual funds are not subject to tax according to the Bulgarian Law for physical persons and legal entities as well.