Are you wondering how to invest in liquid funds in India? How to invest money, I am explaining to you the pros and cons of investing in a simple way.
It is a fund in which you invest money. Your money will be safe and will earn you interest based on the investment. It is designed for general public and private charitable donations.
We usually get scared when we hear about mutual funds. The reason for fear is. How will we find the right company, will our money really grow, lose our real money. Also we get scared about many things.
Let’s start without further delay. If you want to invest in liquid funds in India then read the complete post.
See how to invest money in liquid funds in India.
- Account Opening: To open a liquid fund visit the bank and open the account.
- Deposit money into the fund: If you wish to invest money. Invest money into the account.
- Accrual Savings Method: A registration should be made with the bank or their institution providing the accrual saving method in the fund.
- Term Deposit or Fixed Deposit: If you are not willing to distribute the money over a fixed period, then this type of deposit can be an option.
- Investment Fund or Share Market: Taking money from liquid funds then you can choose investment fund, share market, or other investment method.
Best 5 Investments in Liquid Funds in India 2024
Mahindra Manulife Liquid Fund
Baroda BNP Paribas Liquid
Aditya Birla Sun Life Liquid Fund
Union Liquid Fund
Sundaram Liquid
Top 5 Ways to Invest in Liquid Assets in India in 2024. Overview
Mahindra Manulife Liquid Fund
Mahindra Manulife Liquid Fund is an open-ended debt mutual fund scheme, which invests in liquid assets. It invests in money market instruments within 91 days. It is less risky and less time consuming. It can be started with a minimum investment of Rs.1,000.
Baroda BNP Paribas Liquid
Baroda BNP Paribas Liquid: The fund was established on February 5, 2009. The fund’s objective is to provide investors with market-related returns in high liquidity through liquid investments. Minimum investment ₹5,000, SIP investment ₹500.
Aditya Birla Sun Life Liquid Fund
Aditya Birla Sun Life Liquid Fund: It is an open-ended debt mutual fund. Invests in money market instruments within 91 days. It is less risky and shorter in duration. It’s minimum investment amount is Rs.500.
Union Liquid Fund
Union Liquid Fund: An open-ended debt mutual fund scheme. It invests in money market instruments with a maturity of up to 91 days. Minimum investment amount is Rs 5,000 and SIP investment is Rs 2,000.
Sundaram Liquid
Sundaram Liquid: An open-ended debt mutual fund scheme by mutual fund houses. It is good platform to earn from short term investment. Minimum Rs. 1,000 can be started by investing.
What are the Benefits of Investing Money in Liquid Funds in India?
- It is a short term investment company.
- Money returns much higher than the investment.
- Savings account gives higher returns.
- Right place to earn more in less time.
What are the Disadvantages of Investing Money in Liquid Funds in India?
- Fund returns may vary depending on interest rates and market conditions.
- There is no guaranteed return on investment.
- Do not allow to be used as a long-term executive.
- If you want to withdraw money before the specified time, it is not allowed.
Conclusion
You are thinking of investing money in liquid funds in India for short term. Before investing money, you must know the rules and regulations of that money fund well. I have discussed 5 companies for you. You can choose one of these three to invest in or check out other companies.
Demand for liquid funds in India is ever-changing. Keep our advice in mind before you invest. If you have any known Indian Liquid Funds experienced person then take his advice.
I have highlighted these companies as a lesson you should check before investing.
Ending here today. See you again in a new post until then stay well and keep your family well. If you have any questions please comment.
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