Alternatives to fixed deposits: #2 Liquid funds
Saturday, May 27, 2017, 2:52 PM
Investors can also look at liquid funds offered by asset management companies for short-term investment for up to a year. The fund will yield marginally higher returns than bank deposits. Moreover, they are as liquid as time and demand deposits as the market regulator has allowed fund houses to offer instant redemption facility of up to Rs 50,000.