Monday, June 27, 2016
LEARN B4 YOU EARN...2
Which money you should keep in Liquid Mutual Funds :
✅ Your salary till your next EMI due
✅ Bonus till you spend/plan it
✅ Sales proceeds of your flat till you invest in new one
✅ Funds created for your child's education /marriage till you use it
✅ Lump Sum amount lying in your bank account which you may be required any emergency time.
✅ A Funds lying ideal for long weekend
Why you should invest in liquid fund :
1. No locking period
2. Historically return 7.50% to8.50% p.a as against 4% in saving account or 0% in current account
3. Minimum Rs. 5000 maximum no limit.
Keeping reserve in liquid funds also ensure that your other existing investments could not disturb and refrain from emergency withdrawal.
Labels: LEARN B4 YOU EARN
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