Liquid funds: chatgpt suggested.
Liquid funds are ideal for investors seeking high liquidity, minimal exit loads, and low expense ratios. Here are four well-regarded liquid funds that align with these criteria:
Aditya Birla Sun Life Liquid Fund
This fund offers high liquidity with a minimal exit load structure, decreasing daily and becoming nil after six days. It has an expense ratio of approximately 0.21%.
Axis Liquid Fund
Known for its low expense ratio of around 0.15%, this fund has a similar exit load structure, which becomes nil after six days.
ICICI Prudential Liquid Fund
This fund has an expense ratio of 0.20% and an exit load of 0.007%, offering high liquidity and safety with reasonable returns through investments in debt and money market instruments.
Kotak Liquid Fund
With an expense ratio of 0.15% and an exit load of 0.007%, this fund provides high liquidity and safety with reasonable returns through investments in debt and money market instruments.
These funds are commonly recommended by financial advisors for short-term investments due to their liquidity, low costs, and minimal exit barriers. However, it's essential to review the latest fund details and consult with a financial advisor to ensure they align with your specific investment goals and risk tolerance.