Did You Know..???

Did you know..?
Which money you should keep in *Liquid* Mutual Funds :
1. Your salary till your next EMI due
2. Bonus till you spend/plan it
3. Sales proceeds of your flat till you invest in new one
4. LumSum amount lying in your bank account which you may be required any time
5. A Funds lying ideal for long weekend
Why you should invest in liquid fund?
1. No locking period
2. Historically return 7.50% to 8.50% p.a as against 4% in saving account or 0% in current account
3. Online access
4. Minimum Rs. 5000 maximum no limit
Illustration :
Rs. 1 Cr kept for one day will earn Rs. 2200 per day, which mean on weekends you will earn Rs. 2,28,000 (salary of one person).

Gaurava VATSA

Managing Director at Foodsmith International Pvt Ltd

8 年

Very informative.

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