Need help selecting a Liquid fund

POSTED BY Manish ON April 8, 2013 9:13 am COMMENTS (9)

9 replies on this article “Need help selecting a Liquid fund”

  1. Dear Manish, the ease of operation & comfort of existing AMC is the reason to opt from existing Eq. based AMC.

    thanks

    Ashal

  2. bharat shah says:

    there is as such no principle , but that ease the efforts . as such the most of liquid funds/debt funds of prominent/popular AMCs(read in which you are investing tn their eq. schemes, particularly quantum and franklin templeton) are giving almost similar returns over a period of time. it will also make easy for you if you like to switch from liquid/debt fund to your equity fund , or vice a verse..

  3. Manish says:

    Could you please elaborate a little why is this principle of investing in same AMC for liquid and debt?

    1. I can think of no specific reason except convenience. If you look at all liquid funds available, none of them have ever given negative returns over a quarter/year. So to a certain extent any liquid fund should do since returns are not important for an emergency fund.

      Just pick one which invests in safe bank-related paper. Quantum Liquid as Ashal suggested is a good fund in this regard.

  4. bharat shah says:

    essence is better to park in a liquid /debt fund of AMC whose equity mf you are investing in regularly.

  5. Dear Manish, please park your money in Quantum Liquid fund.

    Thanks

    Ashal

  6. Manish says:

    i have total SIP of 13k per month in following funds

    Frank India bluechip 5
    Quantum long term equity 5
    IDFC premier equity 4

  7. Dear Manish, where are your current Eq. MF investments?

    Thanks

    Ashal

  8. Manish says:

    Seems like my question content got lost in some technical issue while posting :(…

    Writing it again:

    I wish to part 40% of my emergency fund in liquid fund (~2 lakhs).

    Goal is liquidity, low risk & better returns than FD.

    For the same as per my very basic research done “BSL Floating Rate ST” seems decent one.

    Based on what I read on this forum following other funds were also suggested

    hdfc cash management
    reliance liquid
    Templeton idia low duration
    Peerless short

    Let me know if I am missing some aspect and should I consider one of the above rather?

    Thanks for all the great input you all have provided in past :).

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