People keep money in Savings account for its ease of access and safety. While the money stays safe in the savings account however, more often yields low post tax and inflation adjusted returns.

Liquid funds are one of the ideal avenues to parking short term idle cash with an option to earn potentially tax efficient returns.

These funds are ideally meant for money that you do not want to block in longer term investments such as shares, fixed deposits, government bonds, etc. Consider such funds when you need the money back in a very short time period.

Asset Allocation

Investment by the scheme in securitised debt will not normally exceed 50% of the debt investment of the Scheme.

The use of derivative will be only de done for hedging and portfolio balancing. Exposure to derivative instruments will be restricted to 50% of the assets of the scheme.

The scheme shall make investment in /purchase debt and money market securities with maturity of upto 91days only.

Who should invest / Key Attributes

Ideal for Investors :

- Investors with idle cash savings.
- Investors looking to earn more than Normal Savings account returns.

Key Attributes :

- Efficient utilization of idle cash in bank account.
- Low risk amongst various short term investment avenues.