Overnight Funds Vs Liquid Funds
June 07, 2023
Online mutual funds are typically viewed as a long-term investment vehicle. But did you know that certain funds can be used for short-term goals as well? Meet overnight funds and liquid funds. They’re a type of debt fund often compared with the likes of Fixed Deposits and PPFs.
While both are used to temporarily park investors’ money and earn returns, there are differences between overnight and liquid funds.