I am expecting a bonus of Rs 4 lakhs for Diwali. Can you suggest a liquid fund to invest it?
- Arun, Delhi
Transcript: Choose any one of the four largest liquid funds. There isn't much difference in the performance of liquid funds. Liquid funds will give you a little more return than a savings bank account and even a short-term fixed deposit. Look for one for where you can download an app which allows you to redeem your money anytime. If you are unlikely to need this money for a long period, consider other options.