Posts Tagged ‘ Fixed Deposits ’

Park your surplus Funds with Liquid/Ultra short term funds

Wednesday, January 22nd, 2014

Save more than others

If you have surplus funds in hand, which you do not want to lock-in with Fixed Deposits, we have a solution for you. The funds can be parked in Liquid/ Ultra short term funds instead of holding those funds in the savings or current account with the bank.

In the current high interest scenario, the liquid funds can do far better than your savings/current account. The Average return of a Liquid Fund has been close to 9% p.a. , which is equivalent to return from a Fixed Deposit.

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