WFO - How to select a liquid fund for parking m...
How to select a liquid fund for parking money for 1-3 years? Is any liquid fund fine?
3 Replies
a. > 5000 crore AUM
b. No previous defaults at all (and better if reputable AMC)
c. low TER
Also better to look at MM at this point (if your horizon is > 1 year) than liquid funds (unless you might withdraw it even earlier by any chance than 1 year then not much of a difference)
I actually have 1 bucket that is less fhan 1 year exoense, qnd another around 2 3 y3ars. Let me look at how MM is diff from liquid fund
Average maturity, macaulay duration and modified duration is on higher end in MM compared to liquid funds