Shriram AMC launches new liquid fund meant for low-risk investors

Quick Summary:

This plan lets investors move their money gradually into equity schemes, which is a helpful way to ease into the stock market.

Benchmark: Shriram Liquid Fund will be benchmarked against NIFTY LIQUID INDEX A-I.

Additionally, liquid funds can act as an alternative to a savings or current account and can serve as emergency funds for contingencies, providing relatively better returns through accrual income on a daily basis.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Shriram Mutual Fund Shriram Liquid Fund Mutual funds Cash Management New fund offer Liquid Funds Mutual fund news Liquid fund Shriram Liquid Fund Low Risk Investment Smart Investing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 15:09:22 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23445204

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