Liquid funds score over FDs, could offer 5-5.25% post repo hike, even more later

Financial planners believe investors can earn more than savings bank accounts. In the recent past, investors were disappointed with liquid funds leading to withdrawals from such schemes as returns were just 2.5-3%. Many HNIs started leaving money in the savings bank account itself. HDFC Bank and ICICI Bank savings bank account pays 3% for deposits less than ₹50 lakh.

Liquid funds score over FDs, could offer 5-5.25% post repo hike, even more later
Financial planners believe investors can earn more than savings bank accounts. In the recent past, investors were disappointed with liquid funds leading to withdrawals from such schemes as returns were just 2.5-3%. Many HNIs started leaving money in the savings bank account itself. HDFC Bank and ICICI Bank savings bank account pays 3% for deposits less than ₹50 lakh.