www.fundsindia.com

LIQUID FUNDS

A Terriffic alternative to your low-interest savings account

Is your money idling away ...
Upcoming SlideShare
Loading in...5
×

Liquid Funds - A Terrific Alternative To Your Low-Interest Savings Account

915

Published on

Is your money idling away in a low-interest savings account? Invest your surplus money in Liquid Funds! These debt mutual funds allow innumerable benefits like high returns, anytime withdrawal, zero penalty charges, safety and an immense amount of flexibility! Read this infographic from FundsIndia.com to know why Liquid Funds are the best savings alternative to your savings bank account.

Published in: Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
915
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
38
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Liquid Funds - A Terrific Alternative To Your Low-Interest Savings Account

  1. 1. www.fundsindia.com LIQUID FUNDS A Terriffic alternative to your low-interest savings account Is your money idling away in a savings account? Invest your surplus money in A class of debt mutual funds that allow ANYTIME withdrawal ANYTIME WITHDRAWAL LIQUID FUNDS Y LT A EN P No penalty/load for exit from the scheme. GOV T What are Liquid Funds? DI F IN A .O Invests in safe, short-term, debt instruments. ES TI RI CU SE ATM cards available with some funds. Are they better than your Savings Account? 9.1% 9.0% 8.8% GAIN 4.0% Rs.2,005 4.0% 4.0% TWICE GAIN 2011-2012 With Liquid Funds You gain 2012-2013 Interest on savings bank (%) # 2013-2014 Liquid Fund returns (%) Annual returns between April-March # Source - RBI THE BANK SAVINGS THE BANK SAVINGS INTEREST Rs.4,500 Rs. 1,00,000 for a period of 6 months Actual returns between April 1 – Sep 30, 2013 Returns annualized for 2013-2014, based on current returns T A X Lower taxes when compared with taxes on bank interest. Can generate income through dividend payouts. RE-INVEST DIVIDEND Allows reinvesting the dividends as units and keeps your tax outgo low. 4 Smart Ways of using Liquid Funds Create an emergency fund that you can withdraw anytime Use it to temporarily park any large sums you receive Save for short-term goals such as vacation or other obligations such as paying your insurance premium Building your liquid kitty Use it to systematically invest in to other mutual fund products R LA ES S N RE PE ONE-OFF EX GU EXPENSES www.fundsindia.com

×