What are Liquid Funds?
Liquid Funds are a type of debt oriented mutual fund. Because they do not invest into the stock markets, they are very safe. Even within debt instruments, liquid funds invest into securities that are about to mature in a very short span of time – typically in the next two months. As a result, the NAV’s of these funds are usually not impacted by movements on interest rates or other economic factors.
You can redeem upto Rs. 50,000 from liquid funds instantly into your bank account
Safety of Principal
Your principal remains safe, as liquid funds invest into short term, highly rated debt
Historically, Liquid Fund returns have been 3-4% higher than savings account interest
Liquid Funds Facts
Category Average 3 - year return.
Exit load applicable
Invested into Liquid Funds as on date.
T + 1
Get your money back within a day.