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Top 5 LIQUID FUNDS to Invest with Gulaq

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Top 5 LIQUID FUNDS

Liquid Funds – An Introduction 

Indian economy suffers from saving glut. Indian loves to save their money in their bank savings accounts, so that they can withdraw their money whenever required. But the interest offered by these saving accounts is in between 3.5% to 6%. The reason behind such a high proportion of saving mentality is due to lack of awareness about investment opportunities in masses. There are a numerous number of investment opportunities available in the market. Investment options do carry a risk compared to the saving account, but they also give a higher return. So, in case if an investor doesn’t want to take much risk and expect higher returns compared to saving, then liquid funds are one of the best options.   

Source: https://www.gulaq.com/liquid-funds-an-alternative-investment-to-saving-deposit/ 

Liquid Funds are basically debt mutual funds, which invest money in very short-term market instruments such as treasury bills, call money and government securities. These funds invest in instruments with a maturity of 91 days. The returns in the scheme are quite impressive, because the investment doesn’t get affected by market movement. Liquid funds are considered as hedge funds for common people, as it implies typical hedge fund strategies in a mutual fund format with daily liquidity. These are non-volatile and shift in their NAV occur due to changes in interest rates and not due to market volatility. Let’s look at the benefits offered by the liquid fund for an investor:   

  • No Exit Load: Liquid Funds have no exit load. In case of redemption, the fund house doesn’t charge any extra amount.  
  • Quick Withdrawal: It’s one of the best investment vehicles, where an investor can withdraw their amount usually within a span of 24 hours.  
  • Good Return: Liquid fund offers good returns. On an average, liquid fund offers 7 to 10% annual returns.  

Furthermore, you can read here: https://www.gulaq.com/what-are-liquid-funds/ 

Top 5 Liquid Funds Not to Miss as per Gulaq 

Here: 

  • Franklin India Liquid FundIt is a debt mutual fund scheme that was launched by Franklin Templeton mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Umesh Sharma, and Pallab Roy. Talking about AUM, it is of INR 14,521.13 Cr, and, the latest NAV is of INR 2965.08 (dated as of 2nd March 2020). The minimum SIP investment is INR 500.  
  • Mahindra Liquid FundIt is a debt mutual fund scheme that was launched by Mahindra mutual fund. Later on, it was introduced on 4th July 2016 to its investors. Currently, the fund is managed by Rahul Pal. Talking about AUM, it is of INR 2953 Cr, and, the latest NAV is of INR 1282.03 (dated as of 2nd March 2020). The fund growth is rated low risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment 44is INR 1000.  
  • BNP Paribas Liquid FundIt is a liquid mutual fund scheme that was launched by BNP Paribas mutual fund. Later on, it was introduced on 2nd Jan 2013 to its investors. Currently, the fund is managed by Vikram Pamnani, and Mayank Prakash. Talking about AUM, it is of INR 1611 Cr, and, the latest NAV is of INR 3040.15 (dated as of 2nd March 2020). The fund growth is rated low risk. Also, the minimum SIP investment is INR 500, and, the lumpsum investment is INR 5000. 
  • IDBI Liquid FundIt is a debt mutual fund scheme that was launched by IDBI mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Raju Sharma. Talking about AUM, it is of INR 2045, and, the latest NAV is of INR 2118.38 (dated as of 2nd March 2020). The fund growth is rated low risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment is INR 5000.  
  • Edelweiss Liquid FundIt is a debt mutual fund scheme that was launched by Edelweiss mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Rahul Dedhia, and Gautam Kaul. Talking about AUM, it is of INR 1789 Cr, and, the latest NAV is of INR 2543.24 (dated as of 2nd March 2020). The fund growth is rated low risk. Also, the minimum SIP investment is INR 5000.  

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]    

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*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing

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