Different in nature: the fund is a beneficiary certificate, and the fund property is independent of the fund manager; Fund managers only manage funds but not investors, and do not bear the risk of investment losses. Bank savings deposit is a kind of credit certificate, which is manifested as bank debt; Banks have the legal obligation to protect the principal and interests of depositors. Income is different from risk: under normal circumstances, the fund does not guarantee the safety of the principal, and there is the possibility of loss, but it also has the opportunity to share the income brought by the rise of the securities market; The interest rate of bank deposits is relatively fixed, and there is almost no possibility for investors to lose their principal. The risk of bank bankruptcy takeover is small (for example, Hainan Development Bank, credit union merger, high-interest deposit). Fund managers with different degrees of information disclosure must regularly announce the investment operation of funds to investors; After the bank absorbs deposits, it is not necessary to disclose the use of funds to depositors. Deposits are creditor's rights contracts or contracts, and banks are fully legally liable to depositors; Securities investment funds belong to equity contracts or contracts. The fund manager only manages the fund but not investors, and does not guarantee the rate of return of the fund. Investors also have to bear certain risks. Expenses. Under normal circumstances, the interest rate of bank deposits is relatively fixed and there is almost no risk; The income and risk of the fund are higher than those of bank deposits. Banks with different investment directions and profit contents will invest savings deposit funds into production or consumption areas through corporate loans or personal credit to obtain interest spread income; Securities investment funds invest investors' funds in the securities market, earning income through stock dividends or bond interest, and at the same time through the price difference in the securities market? To make a profit. Banks with different degrees of information disclosure are not obliged to disclose the operation of funds to depositors after absorbing deposits; Securities investment fund managers must regularly announce fund investments and fund net values to investors, such as net value announcements and periodic reports.