
The charm of a savings bank account lies in the flexibility it offers to call your money at will. But it comes at a cost as the money idling in your bank account earns a meager 4%. So is there a way out? Is it possible to earn superior returns as well as get instant liquidity?

As the chart above shows, you can effectively double the return on your money, simply by keeping it in ultra short term funds rather than savings bank accounts. This can make a huge difference to how much you earn on your idle money. For instance, a ₹75,000 more in ultra short term funds than in your savings bank account in 5 years' time. And as this article explains, this doesn't come at the cost of liquidity.
So why give your bank a free lunch?