Web Sify
Follow us on
Sify.com » Topics » SIP
SIP News

Investing: Rishi Nathany
I maintain a balance of around Rs 2 lakh in my savings account. Given the scenario of rising interest rates, will you suggest moving this amount to liquid or ultra-short term funds for better returns? How much return can I expect? What are the advantages? There are a couple of options you can consider. You can create a fixed deposit of this amount and create an overdraft against it for emergencies.