Suburb March 2019

lock your money for any certain fixed
period of time. “Many people hesitate to
invest when they are told about a lock-in
period as they are of the opinion that they
may need money anytime and at that time
shouldn’t be left stranded. Unlike most
mutual funds, liquid funds do not grow
through ups and downs and offer more or
less steady returns even on a daily basis.
Hence, liquid fund investments can be used
for a single day’s parking of idle funds. This
is definitely an advantageous position for
the investor, who can invest for even a day
and redeem his money,” says K
Ramanujam, an independent financial
advisor.
4) Instant money credit up to Rs 50k per
day: Most liquid funds offer instant
redemption feature by which your money
can be encashed during any time of the day
for up to Rs 50,000. With easy money
redemption of up to Rs 50,000 per day, one
can be assured of financial assistance at any
time of the day or night.
5) Taxed as capital gains: Chartered
Accountant Surmaya Mukherjee mentions
that with liquid fund’s dividend option, the
complexities associated with the filing of
tax returns is done away with as the taxes
are deducted at source by the mutual fund.
This helps as one won’t get confused and
hesitate to invest owing to tax filing related
issues.
Finally, overcome the laziness to move your
money from a savings account to smarter
avenues like liquid funds. It is very
convenient to invest in liquid funds through
the various mutual funds' websites, in the
comfort of your home. s
WOMEN SPECIAL
Masaba Gupta Stands Fearless
Against Body Shaming
Says ‘Body Shaming not
acceptable, be Fearless
to fight society
judgements.’
Power goddess and fashion
designer, Masaba Gupta, her
elegant stance and quirky
appeal said, “This Women’s
Day, with a crown of Curls
and a big smile, I strike off
the “UNATTRACTIVE” label I
was given. ‘Coz I can face
anything. Body Shaming is
not acceptable. Being a
victim of that, I can proudly
say that it is only by being
FEARLESS and CONFIDENT
one can go beyond these
labels. Slam the shame girls!
Time to strike off that one
judgement that has followed
you all your life. Different is
beautiful.”