Sebi is set to introduce tough new rules to protect investors in liquid funds, the most basic offering in the mutual fund basket, from credit risk.
Return over safety
Liquid funds allow investors to park money for a short period, while assuring easy liquidity and high safety. Investors can redeem their money on the next business day (T+1 basis) . Several liquid funds also offer instant redemption of up to Rs 50,000 a day. The safety aspect arises from the positioni ..