Liquid Funds: A Safe Bet?

There often arrive situations in our life when there is an urgent need to have cash on hand. If your investment is in fixed deposits, there is of course the option of terminating them and transferring the amount to your savings account but this is accompanied by penalty due to premature withdrawal. On the other hand, liquid funds offer not only a route to safe investment but the process of withdrawal is quick and without much loss to your principal amount. Rakesh Deshmukh takes a closer look at how liquid funds can be a dependable source for emergency funds while also earning a decent rate of return.