Reasonable returns with low-risk and low-volatility for short term.
Liquid funds are generally investments made for a short term interest bearing securities with maturities of less than a year. It enables investors to hold their investments for very short term, say for a day or more. The investors pre-dominantly invest in money market instruments, treasury bills issued by government, certificate of deposits issued by banks, and commercial papers issued by companies. This type of fund has low-risk and low-volatility fund and aims at offering reasonable returns to investors looking for short-term surpluses.
The objective of this scheme is to generate attractive returns consistent with capital preservation and liquidity.
Benefits of the Scheme
This scheme provides reasonable returns to investors with low-risk and low-volatility for short term.