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A Short-Term Bonanza

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BUSINESS STANDARD

Liquid funds can give good returns for short-term cash

It is a problem that most people face at one time or another. What do you do with idle cash for short periods like 15 or 30 days? Most people put it into bank fixed deposits. But there is another option: liquid funds.

The returns are usually better than on bank deposits and they are relatively safe.

 

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First Published: Feb 09 2002 | 12:00 AM IST

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