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Mutual funds are a kind of investment scheme that is managed professionally by an asset management firm. The firm brings together a few people to invest their money in bonds, stocks, securities, etc. Top 5 Advantages of Liquid Funds in India. Liquid funds are a kind of mutual fund scheme.
They invest their corpus in financial tools like commercial paper, treasury bills, bank fixed deposits and other debt securities that have maturities up to 90 days. Since these funds do not come with a lock-in period, the assets which are invested aren't tied up for long. So, liquid funds are usually open-ended debt funds. A low fee is charged to manage cash in these funds. This is the expense ratio. Child Plans: How Parents Can Secure Their Child’s Financial Future. Parental responsibilities begin well before children are born, and they last for as long as the bond exists.
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Owning a house has long been a symbol of success and prosperity in our country. And it is no different for the present generation. Did you know that 75% of millennials in the middle-income category want to buy a house in the next 3 years? This was revealed in a survey by 360 Realtors, covering 1200 respondents with an annual income exceeding ₹ 7 lakh. Buying a house has further become easier with schemes such as PMAY also known as Pradhan Mantri Awas Yojana. However, timing remains a major area of concern whenever considering a real-estate investment. Here are some ways to understand whether it is the right time for you to take the plunge.
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