liquid mutual funds

Sebi proposes allowing investment advisers, analysts to use liquid MFs for deposit requirements

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Sebi proposes allowing investment advisers, analysts to use liquid MFs for deposit requirements

Markets watchdog Sebi on Friday proposed allowing investment advisers and research analysts to use liquid mutual fund units, with a lien marked in favour of the regulatory body, to meet their deposit requirements. This would be in addition to the option to maintain the deposit with the bank. Under the Sebi rules, investment advisers (IAs) … Read more

Money management: How important is to have an emergency fund? Last few months I haven’t able to save for emergencies?

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Money management: How important is to have an emergency fund? Last few months I haven’t able to save for emergencies?

In the past, I made it a point to allocate funds equivalent to at least 6-12 months of my expenses as an emergency fund. However, over the last 4 years, there were instances where I only managed to save up to 3-4 months’ worth in a liquid fund or Fixed Deposit. Unfortunately, unforeseen expenses arose, … Read more