In which mutual fund scheme can I park my emergency fund

I have a doubt that I want to invest 2 Lakh in lump sum as an emergency fund amount so that I can withdraw at any point in time I want. So where do I need to invest please reply me as soon as possible?

Oct 10, 2017 by Muthu, Chennai  |  Mutual Fund

Plutus Answers:

You can simply invest in liquid mutual funds to park your investible surplus of Rs 2 Lakhs. You can invest in liquid funds even for one day.

Liquid funds are best alternative to park your surplus cash. Also, you can redeem liquid funds within one working day. Please read the following article to know more about liquid funds -

Please check top performing liquid funds from here and invest.

Hope you find our suggestions helpful. In case of any assistance do write back to us

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