At the moment liquid funds are delivering an annualised return of 5.5%-6%. This is lower than the 6.5%-7% seen a year ago. However, it is in line with the downward trending interest rates in the economy. If you are feeling disappointed with these returns and think that its better to move to a higher return fund or leave money in the bank itself, first read through the points below and then decide what to do.
Learn about Wealth Creation
Meet Ramkumar, MD at Avi Networks India Pvt Ltd, a Scripbox fan, and a passionate marathoner who recently successfully completed the Berlin full marathon. Read on as he shares his unique experience of training for marathons, lessons learnt and how the same principles apply to long term wealth creation.