News From Press Liquid Funds Vs Bank Deposits: Know which one to choose and why

Liquid Funds Vs Bank Deposits: Know which one to choose and why

Source: Financial Express Aug 21, 2018

If you have an enormous amount of money lying idle, then don’t let it sit idle in your saving accounts. Invest in liquid funds. Liquid funds invest in highly liquid money market instruments and debt securities of very short tenure. This short tenure makes liquid funds highly liquid. The instruments are mainly Treasury bills, commercial paper and certificate of deposits with tenure of 91 days. As per past records, they have generated decent returns with the bonus of being liquid assets.

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