Liquid Mutual Fundsby Ravi Kumar Blogger Live
Invest in Best Liquid Funds 2019 & Earn Upto 7.7% p.a* Returns. Why Keep Your Money idle in Saving Accounts. Know All about Liquid Funds with Gulaq. Recommended Features
- interest upto 7.7% p.a*
- better then saving accounts returns
- better then FD returns
- No lock-in period
- No exit load
Review on Liquid Mutual FundsLiquid funds are one of the mutual fund schemes that invest their corpus in financial instruments such as Treasury Bills, Bank Fixed Deposits, Commercial Paper, Debt Securities with up to 91 days maturities. The Net Asset Value (NAV) of the funds are calculated for 365 days, unlike other mutual funds where Net Asset Value is calculated for business days only. As such, liquid funds have no restrictions regarding lock-in-period. The withdrawals are processed within 24 hours on business days. Liquid mutual funds have a low rate of interest as compared to other class of debt funds. Reason being, they primarily invest in fixed income securities with short-term maturity. Also, liquid funds have no entry or exit load.
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Created on Jun 19th 2019 00:48. Viewed 129 times.
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