Are your savings in the right place?

We know the importance of savings.

From keeping aside funds for an emergency to achieving short and long-term goals, wealth creation over the long run, and financial independence – it all starts with savings. But is it just enough to save?

A lot of us have the tendency to set aside funds in a separate bank account so that our expenses and savings do not mix.

Some of us invest these savings or surplus amounts in fixed deposits, mutual funds, equities, or gold, etc. Some of us, though, leave the funds in our bank accounts only, as we want the funds to be readily accessible to us in case of emergencies.

What if you can have these investments in instruments that can provide you with desired liquidity?

Let’s get you acquainted with liquid funds:

What are these?

Liquid funds are debt funds, which invest in debt and money market securities not having a maturity of more than 91 days. These funds do not have any lock-in period and aim to generate income over a short-term investment tenure.

Are you considering moving your funds to a liquid scheme? Look no further:

Here’s what you need to know about the Kotak Liquid Fund:

• It aims to provide income, with a high level of liquidity
• It invests in a mix of money market instruments, corporate bonds, and sovereign securities.

Know more about the fund, and invest now!

 

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Potential Risk Class matrix consisting of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).

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