is there any good various for liquidbees.I need to maintain my emergency fund right here. any good strategies, please
For emergency, we have to have a look at liquidity, so a easy FD which may be closed immediately, even with a penalty is healthier than liquid ETFs.
Liquid ETFs are higher than liquid funds as a result of with liquid funds there might be a restrict of how a lot we are able to redeem immediately, there isn’t a such restrict with liquid ETFs. However the redeemed funds must be despatched to the checking account by the dealer the very subsequent day.
One drawback with liquid EFs is just 80% of redeemed funds can be found and I believe solely this 80% may be withdrawn.
I exploit Liquidbees however not for emergency, however for investing and buying and selling functions.
ICICILIQ. Decrease Expense ratio and dividend payout in type of financial institution switch.
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dividend payout taxable at slab charges