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Your money: Opt for liquid funds to boost returns

Instead of allowing money to lie idle in your savings account, put a part of it in liquid funds for better returns

Sanjay Kumar Singh  |  Mumbai 

In the wake of demonetisation, many investors have excess funds idling in their savings accounts. For money which they want available on call, they should consider putting it in liquid funds, where it can earn a higher return than the four per cent in a savings account.  The liquid fund space has been witnessing some action in recent times. The Securities and Exchange Board of India (Sebi) is considering allowing fund houses to offer instant redemption to retail investors in liquid funds. If this happens, the attractiveness of liquid funds would rise, since the returns could ...

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