Suggest me a good liquid Fund

235°
Deal Subedar
ZitOO

As Banks are giving very less interest on FD , decided to switch some funds to Liquid Mutual Funds , please do suggest some fund with less exit charges .

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Deal Cadet Deal Cadet
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Almost negligible difference in terms of returns between FD and liquid funds nowadays. After the Franklin episodes, stay safe and stay secure with FD.

Critic Critic
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Franklin problem MFs were debt funds not liquid funds, a big difference.

Benevolent Benevolent
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Move to IDFC for the time being, until you hear “IDFC reduced interest rates ..”

Deal Subedar Deal Subedar
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yes . thinking to move 3-4 L to a new IDFC account. because of RBI insurance upto 5 la. so less risk. and good interest in current situation.

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Critic Critic
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Keep your money in FD in big solid banks(hdfc,sbi,icici,kotak,axis—first 3 are officially given “too big to fail” tag by rbi). Also keep checking my thread:
https://www.desidime.com/discussions/check-your...

Deal Subedar Deal Subedar
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this big banks have reduced their interest rate to 5% .

Also RBI’s insurance upto 5 lac is in place, so thinking to move funds to different banks ,

like DCB and Indus ,IDFC.

what’s your opinion on FD with ujjivan or bandhan bank like small banks ?

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Beacon Beacon
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If looking for more than 1 month than look for Arbitrage funds also. They usually give around 6% consistent return with negligible risk…

Deal Subedar Deal Subedar
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thanks bro …did not come to my mind. thanks

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Helpful Helpful
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Nippon India Liquid Fund
ABSL Liquid Fund

Deal Cadet Deal Cadet
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i am getting around 5.20% returns since 3 months in liquid funds..are there any better funds with less risk than liquid funds

Deal Cadet Deal Cadet
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PPFAS liquid fund. Don’t expect returns. Invest for capital protection.

Cool Cool
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https://cdn0.desidime.com/attachments/photos/621948/medium/IMG_20200621_190033.jpg?1592746627These are returns of both Liquid & Arbitrage funds which I am using since 2 years.
BTW, you can use debit card to invest in ABSL liquid fund in case if you are having high rewarding debit card!
Edit: ABSL has removed the debit card option in payments page.

Deal Cadet Deal Cadet
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Most Debit cards don’t give reward points for mutual fund spends.

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Deal Cadet Deal Cadet
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You can put up-to 1.5 lacs in ppf too which is offering higher rate and has tax benefit. Although money is blocked but the tax free return makes it worthwhile.

Super Stud Super Stud
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Other option is 7% FD (1 YEAR ONLY) paytm – induslnd bank FD.

DO NOT RECOMMEND HEAVY DEPOSIT

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