Podcast 19
Beat the heat, wear the Liquid funds' Umbrella.
If you have any short-term goals, then it is best to invest in liquid mutual funds. While you may have a savings account, it is also significant to maintain liquid funds account that will be useful for goals you want to achieve in 3 months' time, as well as during contingencies.
Some of the features of liquid funds include:
It is ideal for emergencies.
It can be easily redeemed whenever you need funds.
It does not require planning.
It is not affected by market volatility.
However, investment in liquid mutual funds does not mean that you should not have a savings account. You can save some money in savings and some in liquid MF. For more information, listen to the Mutually Yours podcast.
Retirement Calculator
My Goal
To Reach Financial Freedom
Create your own goal through "Retirement Calculator"
Plan Now ❯
World Financial Planning Day: What it means for you as an investor
How to Transfer Mutual Funds
The only scenario in which the transfer of mutual funds from one holder to another is permitted is the investor's death.
NMK Aug 2024: Best Practices to Adopt for Long Term Financial Planning
Learn proven techniques for effective long-term financial planning, empowering you to secure your future and reach your financial goals. #IEDD #NiveshMahaKumbh
Investments Q&A with Ms. Keerti Gupta – COO – Aditya Birla Sun Life AMC Limited
A Q&A session to wrap up the #NiveshMahakumbh video series. In this fireside chat with COO – Ms. Keerti Gupta – Aditya Birla Sun Life AMC Limited, we discuss numerous questions that may arise in your minds while opting for an investment plan. Get detailed insights on investment options for you.