These are predominantly debt-oriented schemes, whose main objective is the preservation of capital, easy liquidity, and moderate income. To achieve this objective, liquid funds invest predominantly in safer short-term instruments like Commercial Papers, Certificate of Deposits, Treasury Bills, G-Secs etc.
It is also called a money market mutual fund is an open-ended mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper.
These schemes are used mainly by institutions and individuals to park their surplus funds for short periods of time. These funds are more or less insulated from changes in the interest rate in the economy and capture the current yields prevailing in the market.
It is also called a money market mutual fund is an open-ended mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper.
These schemes are used mainly by institutions and individuals to park their surplus funds for short periods of time. These funds are more or less insulated from changes in the interest rate in the economy and capture the current yields prevailing in the market.
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