If you are looking for short term investments or a fund to park your money, Cube’s liquid fund recommendations might be right for you. In this blog, we’ll cover the basics of Liquid Funds, their benefits and how you can buy liquid funds using the Cube App.
Liquid Funds fall under the debt funds category. These funds invest in bonds, commercial papers, certificates of deposit, treasury bills, etc.
The defining feature of these funds is the instant redemption facility that allows investors to redeem their investments within minutes. You can consult a Cube wealth coach or download the Cube wealth app.
Every fund has its own advantages and investors prefer liquid funds because:
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Liquid funds have been known to give comparatively better returns than an average bank savings account. This is why these funds can be an option for emergencies, short term goals, small surplus investments, etc.
Knowing your investment goals and risk profile is paramount before investing in any scheme. That is why we recommend consulting a Cube Wealth Coach so that you can invest in mutual fund schemes based on your goals and needs.
The benefits of liquid funds are clear and if you believe that this investment might be suitable for your needs, all you have to do is:
Step 1: Download the Cube Wealth app
Step 2: Login & Click the “See All Investment” mini shortcut
Step 3: Tap “Learn More” on the Liquid Fund Option
Step 4: Enter the amount you wish to invest & choose one time or SIP
You will then see the recommended fund(s) selected already. You can switch from simple to advanced view if you want to pick a different fund.
Step 5: Pick Your Fund & Make the payment
You can pay via internet banking, UPI or set up an NACH auto-debit.
The best thing about the Cube Wealth app is that we don’t just tell you when to buy a mutual fund scheme, but we also give you advice on when to sell.
Our wealth coaches go above and beyond to ensure that you get the best advice to invest wisely. Get a free consultation call today to learn more.
The Cube Wealth app has made it easy for investors to get access to wealth advisory from some of India’s and the world’s best advisors. We don’t just give you the best recommendations but we suggest investments tailored to suit your needs.
You should invest through the Cube Wealth app because:
All Mutual Funds on the Cube Wealth app are hand-picked by our wealth advisor, Wealth First, so that you can invest with ease and think about the long term.
Wealth First has an incredible 19-year track record of beating the average mutual fund by ~50% with a team of wealth professionals with over 250 years of combined experience.
Note: All facts and figures are updated as of 29/09/2020.
While we update our pages regularly, we advise you to check the Cube Wealth App for the latest data.
Check out this video on why you should invest using Cube
Ans. Liquid funds are a type of mutual fund that primarily invest in short-term, high-quality debt instruments, making them a safe and liquid option for parking surplus funds. Investors often use liquid funds to earn slightly higher returns than traditional savings accounts or fixed deposits.
Ans. Cube is a reputable and user-friendly platform for investing in mutual funds, including liquid funds. It provides access to a curated list of funds and offers features like instant redemption and a single investment dashboard for easy tracking.
Ans. Cube may charge a nominal fee for its services, but it's essential to check the latest fee structure on the platform. Additionally, there may be expense ratios associated with the liquid funds you invest in, which cover the fund's operating costs.
Ans. Liquid funds are highly liquid and offer quick access to your invested funds. You can usually withdraw your investment at any time, and the funds are typically credited to your bank account within one business day.
Investing in liquid funds through Cube is a convenient and user-friendly way to park surplus funds and potentially earn higher returns than traditional savings accounts or fixed deposits. Liquid funds are known for their liquidity and safety, making them an attractive option for short-term investments.
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