17 replies on this article “WHERE TO INVEST LIQUID”

1. ashal jauhari says:

   January 26, 2012 at 4:26 pm

   Dear Jig, Had you received any confirmation mail from http://www.fundsindia.com regarding the successful uploading of your documents?

   Please write a mail to the customer care & confirm the same.

   It may take some time so waiting is not a bad option for few more days.

   Thanks

   Ashal

   Reply
2. Jig says:

   January 26, 2012 at 1:14 pm

   I am trying to open ac with fundsindia and yesterday i have uploaded the documents for verification. They claimed that we can start investing within 1 hour but its 24 hours and i didnt get any response about documents verification.
   Well, i am waiting…and i want to do it correct at one go. Not worry if it is taking time..

   Thanks
   Jig

   Reply
3. ashal jauhari says:

   January 25, 2012 at 6:26 pm

   Dear Jig, in my view, if possible to you please invest in liquid funds of your other AMCs & initiate switch (Read STP) to your Eq. MFs of the same AMCs.

   If it’s not possible within that Kotak account, for MFs you may opt for http://www.fundsindia.com

   Disclosure – I’m investing my own money in MFs using http://www.fundsindia.com

   Thanks

   Ashal

   Reply
4. ashal jauhari says:

   January 22, 2012 at 10:49 pm

   Dear Jig, If you are using an online broker like http://www.fundsindia.com, no need to redeem & then reinvest, You may simply create a STP to transfer money from HDFC Liquid to HDFC Top 200 (for example) at your predefined interval say weekly or mly & rest work ‘ll be done automatically by the system.

   Thanks

   Ashal

   Reply
   1. Jig says:

      January 25, 2012 at 6:13 pm

      Ashal,
      I am investing in some other AMC SIP and put my liquid in HDFC Liquid fund. So i have to redeem and so my SIP will be done from my Demat.
      Note: I am having kotak secuirty PINS account where i can invest in equity,MF directly which also directly link to my NRE saving A/c.
      Is this look fine ? or any other best way of keep it simple and easy to monitor?

      Regards

      Jig

      Reply
5. Jig says:

   January 22, 2012 at 6:54 pm

   I put some of my liquid fund in HDFC liquid fund. and will manually transfer/withdraw to my MF in Demat to invest in my regular SIPs.
   Is this make sense?

   Reply
6. ashal jauhari says:

   January 16, 2012 at 7:09 pm

   Dear Dominic OPrakash, there is no difference from taxation point of view. The difference lies in the underlying assets & due to which the returns may be different based upon the interest rate movement.

   Thanks

   Ashal

   Reply
7. Abhishek says:

   January 14, 2012 at 11:29 am

   Hi Dominic,

   The funds you have invested, are NOT liquid Funds but are Income Funds. If you are looking for liquid funds, go for HDFC Cash Management Treasury Advantage Fund OR IDFC MMF TP.

   Regards
   Abhishek

   Reply
   1. Dominic Prakash says:

      January 16, 2012 at 5:42 pm

      Abihishek,

      Thanks for your response. I am not clear on Liquid and Income fund. Does it make any difference in Tax calculation.

      HDFC Short Term Opportunities Debt: Ultra Short Term
      IDFC Dynamic Bond Plan A Debt: Income

      In value research both of them under the category Debt. What is the difference?

      If needed I’ll post this question as a new thread.

      Reply
8. ashal jauhari says:

   January 14, 2012 at 12:42 am

   Dear Jig, here are the liquid/short term funds for your ready reference.

   HDFC Cash management savings savings
   Quantum Liquid
   Templeton India Cash Management account

   Thanks

   Ashal

   Reply
9. ashal jauhari says:

   January 14, 2012 at 12:40 am

   Dear Dominic, what you are suggesting is defeating the very purpose of Debt – STP – Eq. We are investing in liquid funds to earn a slightly better return than SB account for idle money.

   For the given example, the question of too many liquid funds does not arise as all the work ‘ll be done under a common folio no. for each of the AMC.

   Thanks

   Ashal

   Reply
10. Dominic Prakash says:

    January 13, 2012 at 4:18 pm

    HDFC Short Term Opportunities
    IDFC Dynamic Bond Fund

    I have it in the above two liquid fund and I SWP to my bank account and from there I have SIP running to different funds. So you need not have too many Liquid funds.

    Reply
11. Jig says:

    January 13, 2012 at 2:57 pm

    Thanks ashal once again,
    CAn you please named those liquid funds too as i dont have any idea about liquid funds. I never invested before in liquid funds.
    nJoy
    Jig

    Reply
12. ashal jauhari says:

    January 13, 2012 at 9:26 am

    Dear Jig, yes your understanding is right. Invest 50K in 3 liquid funds of the said AMCs & initiate weekly STP of 1K in each of the Eq. funds discussed. As you are already investing in HDFC Top 200, this does not mean that you should not invest more in this fund when the going is good.

    Thanks

    Ashal

    Reply
13. Jig says:

    January 13, 2012 at 4:14 am

    thanks everyone for reply ,
    Ashal,
    You mean 50000 in each of this fund.so i have to invest 50K liquid fund of each AMC and then do STP in above said funds. am i taking it right?
    I am already investing in HDFC 200 through SIP route.
    I am having 2.5 lac as emergency fund. all in NRE/NRO FD.

    Thanks once again

    Reply
14. ashal jauhari says:

    January 12, 2012 at 8:47 pm

    Dear Jig, as the amount is to be invested for retirement purpose & that too for some 25-30Y away goal, my take ‘ll be to invest the amount in the choice of your Eq. MFs using Debt fund – STP – Eq. fund route. Complete the investment within next 4-6 months using STP.

    Choice of Eq. funds – HDFC Top 200, Quantum Long term Eq. fund & Franklin India Bluechip.

    Invest 50K in each of these funds. Use 1K weekly STP to invest. On the days of major correction in sensex say 400 or 500 points, invest 5K lump sum.

    Thanks

    Ashal

    Reply
15. TheZionView says:

    January 12, 2012 at 6:32 pm

    Jig,

    Before Investing you should get yourself protected.

    Do you have emergency fund? No,then use this amount ,Split it into 2 put half in Liquid MF and rest in your Sweep in or Savings Account.

    If you have EF in place then you should put this money in a liquid MF and Create a MF pack for your goals and do a SWP(systematic withdrawal plan).

    The SWP can span upto 6 months.

    For MF Investment you can look at Fundsindia.com or Moneysights.com

    Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.