Why Investment in Liquid Funds is Beneficial
Cash Money

Why Investment in Liquid Funds is Beneficial

 

We are always keen to get higher returns on our investments. However, many times, we end up parking our money in the savings accounts. Have you given a thought to why not think of investing your money where it will fetch higher returns! You can select the liquid funds as an investment option and make the most of these funds.

What is liquid fund ?

Liquid funds are a debt fund mutual scheme. If seen from the volatile point of view, it is considered as a safe option. Many of us wish to earn a lot of money with fast and easy returns. Thus, instead of investing your money in savings accounts, use this option. This scheme is known as an investment tool to earn interest or returns. Liquid mutual funds have left saving banks and fixed deposits behind. It has become a popular alternative and is also considered as an easy and safe investment option.

Let’s see how these funds are more beneficial than saving banks account-

In saving accounts, you must be earning 4% or 5% returns that can go up to 6% on the highest side. However, it is not the same in the case of the liquid fund. The Liquid mutual funds deliver the returns of 8-9% annually. Isn’t this a great thing! In spite of offering better returns as compared to savings and fixed deposits, they provide you with the same liquidity.

Here are some benefits

  • These funds do not have a lock-in period. It doesn’t have any entry/ exit load.
  • Returns are available on the same day, e., you can withdraw money from these funds within minutes. You are allowed to withdraw up to Rs, 50,000 instantly.
  • The earnings which are received through the dividends are completely tax-free.
  • They offer you the flexibility between dividend or growth payout.
  • When you feel that the valuations are right, you can also transfer these to equity funds.
  • These funds are considered as less risky and less volatile because they are highly rated funds.
  • They allow you to invest for a shorter period with maturities that do not exceed 91 days.
  • The NAV (Net Asset Value) of these funds is calculated for 365 days as compared to the other debt funds where NAV is calculated only for the business days.

With the interest rates and tax benefits, liquid funds are anytime more beneficial for the investors as compared to the traditional investment options like savings accounts and fixed deposits. Additionally, liquidity plays a vital role as in case of a sudden rise in expenses or any unexpected outflows; the liquidity margin can always come handy.

Read more
Cryptocurrencies and Helpful and Efficient Portfolio Trackers
Easy Money

Cryptocurrencies and Helpful and Efficient Portfolio Trackers

The word “cryptocurrencies” is becoming harder and harder to avoid with each passing day. It seems like people can’t stop hearing about them no matter what they do or where they go these days. If you’re familiar with cryptocurrencies or “cryptos,” then you’re in many ways ahead of the rest of the pack at the moment. People who want to focus on cryptocurrency investments nowadays have a lot to handle. That is the reason that it can help so much to invest in a handy crypto portfolio tracker. If you want to track cryptos of all kinds with ease and confidence, then the assistance of a tried and true tracker can go an incredibly long way, to say the least. It is critical to assess all tracker options with care and enthusiasm. All trackers are different and offer their own distinctive uses.

Simultaneous Conveniences

People who are part of our modern society appreciate convenience and efficiency. There is truly no denying that. They love being able to multitask and take care of numerous different tasks all at the same time. If you are interested in a cryptocurrency portfolio tracker that is the dictionary definition of convenient, you should find an available app that gives you the chance to handle investments simultaneously. It can be immensely convenient and hassle-free to be able to take on investments without having to go anywhere new. There are trackers that give people the power to manage upward of 25 cryptos without having to go anywhere else. This can save people a lot of important time. It can save them a lot of essential energy as well. This is indispensable in the fast-paced crypto scene.

The Handling of Numerous Cryptos

If you take the time to find and employ the ideal app, that can open you up to an array of wonderful and undeniable boons. There are crypto apps that help individuals who wish to safeguard numerous cryptocurrencies simultaneously. They help people who wish to safeguard them within single digital components. It can be wise to search for apps that help people who want to find out about price elements for cryptos all of the time. It can be a hassle to have to set up a wallet that is brand new. It can be a hassle to have to take care of individual keys frequently. It can be annoying to have no choice but to learn how to purchase cryptos via exchanges. People can get all set up with the assistance of convenient apps. They can handle any and all of their investments for United States dollars or bitcoin. They can then opt to take everything out and transfer them over to their desired financial institutions. They can opt for different extraction methods if they so desire as well. Helpful apps supply users with senses of convenience and freedom. Widely known options in cryptos that are out there right now are augur, bitcoin, litecoin, ripple, status and verge.… Read more ...

Read more
Financial Freedom

What Does It Mean To You?

Financial FreedomJoshua Fields Millburn & Ryan Nicodemus enable more than 20 million men and women live meaningful lives with less via their web-site, books, podcast, and documentary. As you operate towards your goals this year, you may have currently run into some challenges. If you want to be financially-free of charge, you want to come to be a distinct particular person than you are currently and let go of whatever has held you back in the past.

Instead of worrying, you pay the bill with no pondering twice. Enjoying the rewards of financial freedom is basically a matter of escalating your financial education and determining where you are now financially and exactly where you want to go. It’s the freedom to be who you really are and do what you really want in life.

Each of these examples illustrate that even if you have a lot of funds, if you never know what to do with it, it will be gone. A week later you have forgotten that it even happened! I’ve broken down the approach into three, simple-to-comprehend regions that include: Aspire to reach a target, Acquire knowledge and Apply what you’ve discovered to be effective.

As you function towards your objectives this year, you may well have currently run into some challenges. If you want to be financially-free of charge, you require to come to be a different particular person than you are nowadays and let go of what ever has held you back in the previous.

Instead of worrying, you pay the bill without thinking twice. Enjoying the rewards of financial freedom is just a matter of escalating your economic education and determining exactly where you are now financially and exactly where you want to go. It really is the freedom to be who you definitely are and do what you really want in life.… Read more ...

Read more