For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

5 Best Liquid Funds For Short Term Investment Based On CRISIL 2016 Ranking

|

Liquid funds are type of debt funds which invest in money market and debt instruments for a short duration.

The main aim of the fund is to provide liquidity and funds can be redeemed within 24 hours. Ideal for those who are looking to park their money for short duration. Here are top liquid funds based on Crisil ratings.

1) Indiabulls Liquid Fund
  
 

1) Indiabulls Liquid Fund

As on March 2016, the Indiabulls Liquid Fund is one of the top rated funds by Crisil. The return for the last 3 years on the fund is 8.84 per cent.

The risk of the fund is below average. Returns have been more than bank deposits in the last few years.

2) L&T Liquid Fund
  

2) L&T Liquid Fund

As on March 2016, the L&T Liquid Fund direct plan is one of the top rated funds. The return for 3 years on the fund is 8.85 per cent. The fund has a minimum risk, given that bulk of the investment is in safe investments.

3) Sundaram Money Fund
  

3) Sundaram Money Fund

As on March 2016, the Sundaram Money Fund regular plan is one of the top rated funds from CRISIL. The return for 3 years on the fund is 8.79 per cent, which is slightly below those of others mentioned earlier. The risk of the fund is below average.

4) Axis Liquid Fund
  
 

4) Axis Liquid Fund

Axis Liquid Fund is ranked No 2 by Crisil. Earlier, it was the top performing fund, though it has been dislodged from that position for now. The return for 3 years on the fund is 8.87 per cent.

5) DSP BlackRock Liquidity Fund
  

5) DSP BlackRock Liquidity Fund

DSP BlackRock Liquidity Fund is ranked No 2 by Crisil. The return for 3 years on the fund is 8.83 per cent. Not too much of risk in the fund given its safe portfolio.

HDFC Liquid Fund
  

HDFC Liquid Fund

HDFC Liquid Fund is ranked 2 by Crisil. The return for 3 years on the fund is 8.82 per cent. Again, compares well with most other funds.

Conclusion
  

Conclusion

If you look at previous 3 years data, the funds have given returns of more than 8 per cent which is very good when compared to bank fixed deposits where the rates are descending.

Read more about: mutual funds liquid funds
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more