What is Liquid Fund ?
We all should keep some funds at a safe place, to get instant access to it as and when required. What if you get a higher ROI than your Bank savings account ?
Yes, Liquid funds offer equal liquidity but higher returns than your bank savings account. You can enjoy various attractive features liquid funds, like- almost zero risk, instant liquidity through IMPS, one click app based transaction, better returns on your investments and many more.
One must consider a few things here:
Given the above four conditions, putting money in a fixed deposit may serve the purpose, but only to a limited extent. One of the big benefits of a fixed deposit is the safety. At the same time, one of the limitations is often ignored – the money can be parked for a fixed period only – there is no flexibility regarding the period of parking.
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Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing