POSTED BY February 25, 2013 8:18 pm COMMENTS (20)ON
I wanted to invest some money in Liquid Fund for better returns.
This is my first experience of liquid funds, So I would begin with Rs: 5000.
I would like a fund with
1) Less Expense ratio, good performance history , low risk and
2) Ease of online operations like redemption/subscription, i.e ease of liquidity.
3) Also the min/max limits for such redumption request should be smaller comparatively. Like eg: some funds have min swp of 25K for first time.
I have short listed Tata Liquid Fund -Direct Plan.(http://www.tatamutualfund.com/our-funds/debt/liquid/tata-liquid-fund). It has expense ratio of .10%(as per call center) and Min. Redemption Amt./ Units* : 500/- or 50 units ( Does it means that, I can redeem Rs:500+ at time)? It also allows a SIP.
Also what about Tata Money Market Plan A ? Which is more safe with good returns?
So is it a good choice? Cause Escorts,Principal funds have better performance than Tata, but they dont provide online facilites?
What are your views?