Liquid funds are a good option for investors who would otherwise consider a savings account or a fixed deposit
The debt fund category has evolved over the years, and is classified into several sub-categories based on their maturity period or the type of underlying security. Within this universe, liquid funds have for long been the short-term parking ground for corporates and HNIs for the liquidity they offer.
This article was originally published on November 17, 2020.
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