Smart Saving Solution means to park money in liquid mutual fund to earn return around 7% on idle cash.Instead of keeping money in saving-current account,liquid fund provides instant withdrawal facility & there is no Entry and Exit load.

What is Liquid fund ?

Liquid fund is a category of mutual fund which invests primarily in money market instruments like certificate of deposits, treasury bills, commercial papers and term deposits. Lower maturity period of these underlying assets reduces interest rate fluctuation risk and offers immediate cash

• Return are double than saving-current account
• Instant withdrawal facility upto Rs 50000
• May invest as low as Rs 100
• Money can be parked even for one day
• Higher liquidity

Ultra Smart Saving Solutions helps to generate bit higher return over short term “FD” in falling interest rate scenario.This funds suite to park money for 1 to 3 years of horizon.

Feature & benefit of solutions

• Its debt scheme which invests in a portfolio of debt and money market instruments
• Maturity of holding portfolio around 6-18 month
• Fund offers stable & reasonable return
• Liquidity is quite higher
• Extra return during falling intere

Corporate Bonds mostly has exposure to “AAA” rated NCD( Non-convertible debenture).By nature safe & secure but Credit Risk fund has mostly exposure to below “AA” rated NCD that tends to provides higher return range of 1-3% with moderate risk compared to fixed deposit with time horizon of 3 to 5 years.

Feature & benefit of solutions

• Remained invested 3 years provide indexation benefit
• Indexation benefit reduces tax liability by 20-30%
• Funds generate 20-30% higher return than normal ‘FD”
• No exit load after certain time period