Saturday, 20 April 2013

Take advantage of Liquid Funds / Cash Management Funds

Most of the mutual funds are offering Liquid Funds or Cash management funds which are great venue for parking your surplus in current account or excess savings that you have.  You need to have only six months' expenses in your contingency funds and savings bank account.  The rest you can park in mutual funds which earns almost 8 - 9 % appreciation fast.  This is a very good gateway for finance and retirement planning.

Read more or watch slides on liquid cash management