VR Logo

Parking quarterly school fees

Given their reasonable stability, liquid funds are a good option, says Dhirendra Kumar

What is a good option to save money for the school fee which gets due every quarter?
- Tushar Pathak

Putting your money in a liquid fund is good enough. In times of risk aversion, many people are getting scared even about liquid funds as an investment avenue, but I do not think there is anything to fear there. Liquid funds are designed to provide you with reasonable stability. Although there have been two-three exceptional mishaps in liquid funds, over the years, liquid funds have been tightened substantially, as there have been changes in their regulations as well in the way they conduct right now.

Post Your Query