Tag: Overnight fund

Overnight Funds – A good choice for safety

Overnight Funds - A good choice for safety 1

Debt mutual funds are promoted as products that give ‘better returns’ than fixed deposits, while being quite safe. This is of course not true. Debt funds carry more risks than bank deposits.  Another popular misconception is around one category of debt funds – Liquid funds. They are almost universally (mis)regarded as a direct alternative to […]