I would like to invest ₹2 lakh in a liquid fund for 15 days. Please tell me what would be my returns when I redeem it after 15 days. Please suggest a good liquid fund.
- Rajan CRP
It is not possible to predict the exact returns from a liquid scheme, as the returns are linked to the market. However, you can make a calculated guess by looking at the current returns offered by these schemes. The category has given a return of 8.08 per cent in the last one year. It has offered a simple annualised return of 7.3 per cent over last 7 days and 7.05 per cent over the last 30 days.
This article was originally published on December 18, 2015.