HOW TO USE IDLE MONEY

Make your Current account work Overtime for you
OxyFin Explores

Current Account Balances mostly don’t work Overtime – It means most cases it doesn’t Earn us any interest.

Out of 365 days Bank Accounts Remain idle for 116 days* (52 Sundays + 52 Saturdays + 12 Public Holidays)

Max return from Liquid Plus for a year had been 8.92%.

Means NET return per day on every 1 Cr will work out to be – Rs. 2444/-.

116 days* for every Cr = 2.83 lacs

28.3 Lacs in case of every 10 Cr


Corporate Treasure Series

Investing in Liquid Funds


Overview

• Corporates seek to fulfill three primary objectives while deciding their investment options - Principal Conservation – Liquidity - Returns

• A Liquid Mutual Fund is a product specifically designed to fit in the aforesaid framework.

• Liquid funds are fixed income funds ideal for investors with a short-term investment horizon and low risk appetite. Returns from liquid funds are generally in line with the overnight inter bank call rate/ MIBOR /CBLO.

Benefits of investing in Liquid Funds

Diversification: Investors’ money is spread across different securities and companies, depending upon the scheme’s investment objective. This diversified exposure helps reduce risk.

Professional Management: Portfolios are managed by highly qualified and experienced professionals.

Transparency: Detailed portfolios are published regularly. Also, specific details are available on request.


Operational benefits:

- Easy liquidity: Redemptions from Liquid Funds are on T+1 basis with certain pre-conditions

- No Lock-In Period: Unlike Bank FDs which have a minimum lock-in period, Liquid Funds can be used even for overnight investments.

- No charges: Liquid Funds do not have any entry or exit loads (in some schemes for short period) hence investors are free to withdraw their money at any point of time.

- Weekend parking: Liquid funds declare NAV on Sundays and therefore enable investors to earn money over the weekend, instead of keeping it idle.