In Debt We Trust ; Liquid Funds Are Emerging As a New Category to Park Your Short-Term Money In.
Business Today › July 14, 2008
Linked as:
Business Today › July 14, 2008
Linked as:Summary
After coping with the stock market's bumpy ride for the last six months, investors have turned cautious and are shying away from the bourses. Foreign investors and high net worth individuals are waiting for a clear trend to emerge. For now, they prefer to stay in cash. Domestic mutual funds, too, have increased their cash levels to around 20 per cent recently.
Perhaps you, too, have been following their footsteps and are sitting on cash. But even in this volatile market, you can make your money work for you rather than let it idle away. You can reap the benefits of being invested in safer options and draw decent returns through an innovative category of mutual funds: the Liquid Plus Funds.See the full content of this document
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In Debt We Trust ; Liquid Funds Are Emerging As a New Category to Park Your Short-Term Money In.
This category was launched only last year after the tax rules that govern such type of funds were changed. But within a short span, the aggregate corpus of Liquid Plus Funds has surpassed the corpus of ...
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