Who Should Invest in Liquid Mutual Funds?
Liquid Mutual Funds cater to a range of investors:
1. Investors with Short Term Financial Goals: Individuals who have term goals such as saving for a vacation, wedding or upcoming expenses can benefit from Liquid Mutual Funds. These funds offer the flexibility of withdrawals without compromising on safety.
2. Emergency Fund Builders: Many people choose Liquid Mutual Funds when building an emergency fund because they strike the balance between safety and liquidity ensuring access, to funds when needed.
3. Corporations and Institutions: Corporations and institutions often invest their surplus funds in Liquid Mutual Funds as a way to earn returns compared to traditional bank savings accounts while maintaining liquidity.
4. Retails Investors : If you are an investor seeking an alternative, to savings accounts or fixed deposits you might want to consider looking into Liquid Mutual Funds. They offer the potential for returns. Provide easy access, to your funds when needed.