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Reliance Liquid fund ATM CARD

I want to invest in some liquid fund for 1-2 years.

Want to know your view about

1)Reliance Liquid Fund – Treasury Plan – (G) 

2)Reliance Money Manager Fund – Retail – (G)

they are also offering ATM CARD Free of cost.

Is it better idea to invest in above liquid fund than keeping money in saving account for period of 1 year (Emergency fund)

Thanks to all in evidence.

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