The fund will be comprised of the different rules and the strategies and so according to it you will get the return at the time of the maturity period. The instant redemption liquid fund is available in the different schemes that are given by the financial institutions and the banks. This will help the people to get the money that is invested immediately that too in the short span of time. Within a few minutes, your money will be withdrawn and it will appear in your bank account. This will be the good one for achieving the short term goals and also it is used for pocket money.
Is this liquid fund gives the fixed return?
The liquid funds are the most common ones for the new investor this will help them to get the money without any much risk. This will be simple for the investors if they do not know anything about the investment. They will find this scheme to be more successful. You will get the appropriate interest rate and also this will help the investors to get back the constant return. You no need to wait for the maturity period as this is not having anything. You can make the investment any time and withdraw the amount immediately.
The exit load for investing in this kind of fund is nil after seven days and so this will help them to get the amount without any problem. The maximum maturity period of this fund will be the ninety-one days and so after this, you will get the amount with the fixed interest rate. This will be the best choice for the investors to get a huge return in the short span of the time.
The investors will gain the maximum return just not like the fixed deposits. There is no minimum amount for the instant redemption liquid fund and so the maximum of up to two lakhs will be obtained. If you want to get redeem the money within a week then it will include the exit load. Also, the important thing to note by the people during the investment is that it will use the NAV of the previous day before the tow o’clock afternoon else the NAV will be assigned for the next day.
How safe is to get huge money? The huge return at the end will be got by the people if the investment is made with the help of the liquid fund. The investors will get an increased return as this is having an increased interest rate. When you redeem the money that is invested half an hour before then it will be immediately transferred to your bank account. You can use this kind of fund for getting a big amount for the fewer span of the time. Before going to invest in the liquid fund the people need to check the past performance of the fund. This will help them to get high liquidity and also a huge return. You should also avoid finding the expense ratio.
