Top 5 Liquid Funds to Consider in 2019
“Liquidity”, the property of liquid to flow easily is the characteristic property that distinguishes it from other states of matter (solid/gas). How about getting the similar liquidity with your cash in mutual fund market? Surprised? Well, Liquid Funds can help you in achieving the same. This category of funds invests the corpus in the debt instruments such as treasury bills, government bonds, certificate of deposit, etc. having a maturity time period of up to 91 days. Liquid funds have no lock-in period due to which an investor can withdraw its parked cash anytime without paying an exit load. Due to this property, they offer more liquidity than the other categories of mutual fund. This write-up contains the list of top 5 liquid funds to consider in 2019.
Best Liquid Funds for FY19
Axis Liquid Fund
An Overview:
Past Performance: It is one of the top performing liquid funds in terms of growth and performance. The 5 and 7-year annualized returns of Axis Liquid Fund is 7.73% and 8.17%, respectively. The returns clearly reflects the historic past record of this fund.
Aditya Birla Sun Life Liquid Fund
An Overview:
Past Performance: This liquid fund of ABSL has given tough competition to the peer investors which is clearly depicted by the accumulated AUM. The 5,7, and 10-year annualized returns is 7.72%, 8.20%, and 7.83%, respectively.
Reliance Liquid Fund
An Overview:
Past Performance: The liquid fund of Reliance has surged marginal gains in the past and is still continuing its successful journey. The fund provided annualized returns of 7.72%, 8.18%, and 7.79% in 5,7, and 10-year, respectively.
L&T Liquid Fund
An Overview:
Past Performance: It is one of the top recommended liquid fund in India that has managed to defeat its benchmark and category’s average by a huge margin. The 5,7, and 10-year annualized returns of the top performing liquid fund is 7.71%, 8.15%, and 7.75%, respectively.
Franklin India Liquid Fund- Super Institutional Fund
An Overview:
Past Performance: The fund has provided eye-popping returns to the investors in the long term. The 5,7, and 10 year annualized returns is 7.79%, 8.26%, and 7.88%, respectively.
These are the top performing liquid funds of 2019 that can help you in generating good returns along with liquidity. Moreover, if you need any other information regarding the mutual fund space, then kindly drop your queries at [email protected] or call us on- 9660032889.