Do you know this scheme giving 3 times more returns than savings account?
In the last one year, most of the best liquid fund schemes have made more than 9 per cent returns, and in some schemes, 12 per cent returns have also been received by the customers.
New Delhi: It is in the mind of every human being that they earn money and save money earned. However, saving money only nowadays is not enough and you should invest money so that money can be made on money. As the saving account, you give the first investment, but the 4% interest you get on it is not enough for you. If 4% interest will not work with rising inflation, then here we are telling you about the scheme which has all the benefits of the savings account and there is also 3 times more returns.
Liquid Fund In
these, you get all the same benefits as a savings account, while at the same time you can get a return of between 9 to 12 per cent. Knowing this scheme, you can get even more returns than the savings account. In the last one year, most of the best liquid fund schemes have made more than 9 per cent returns, and in some schemes, 12 per cent returns have also been received by the customers. In this way, this has proved to be a much more proven scheme of returns than FD.
these, you get all the same benefits as a savings account, while at the same time you can get a return of between 9 to 12 per cent. Knowing this scheme, you can get even more returns than the savings account. In the last one year, most of the best liquid fund schemes have made more than 9 per cent returns, and in some schemes, 12 per cent returns have also been received by the customers. In this way, this has proved to be a much more proven scheme of returns than FD.
What is Liquid Fund
Liquid Fund is a type of mutual fund and it is also referred to as a cash fund. There is also less risk in them. With Liquid Fund, you can achieve three types of benefits on the lines of low risk and stable returns with higher liquidity.
Liquid Fund is a type of mutual fund and it is also referred to as a cash fund. There is also less risk in them. With Liquid Fund, you can achieve three types of benefits on the lines of low risk and stable returns with higher liquidity.
They do not have any lock-in period, you can withdraw money whenever you want. If you want, you can invest in 1 year, 1 month, even for 1 day.
In this scheme that works like a bank or post office RD, you can deposit or withdraw extra money if you wish, there is no restriction on this.
If you invest in debt instruments such as Treasury Bills, Government Securities, Commercial Papers and Certificate of Deposit, then liquid funds will be considered as more safe for you, there is no entry or exit load on them.
Liquid Fund Features:
Liquid fund returns are not seen as high volatility. All such liquid funds invest in similar types of securities. Liquid funds invest primarily in fixed income securities with short-term maturity, which in turn leads to the lowest risk of interest rate fluctuations.
Liquid fund returns are not seen as high volatility. All such liquid funds invest in similar types of securities. Liquid funds invest primarily in fixed income securities with short-term maturity, which in turn leads to the lowest risk of interest rate fluctuations.
There are several different plans in liquid funds. You can choose between Growth, Daily dividend plan, Weekly dividend plan and monthly dividend plan. There is a growth plan from many types of schemes in liquid funds, where no dividend is declared. In return, the increase in the fund can be calculated as a unit value growth.
How Can Investments
This kind of investment can be done both online and offline. Fund managers will first prepare KYC for those who invest in the mutual fund for the first time. For those who invest in liquid funds, a check for the first month installment, auto debit form, which will be used for ECS and a common form will be filled. After completing these formalities, SIP will start in your liquid fund.
This kind of investment can be done both online and offline. Fund managers will first prepare KYC for those who invest in the mutual fund for the first time. For those who invest in liquid funds, a check for the first month installment, auto debit form, which will be used for ECS and a common form will be filled. After completing these formalities, SIP will start in your liquid fund.
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