Liquid and Ultra Short Term Mutual Funds

What are Liquid and Ultra Short Term Mutual Funds in India, and why would you consider them versus a Fixed Deposit?

Deepak Shenoy takes you through:
* The concept of liquid funds
* Where do they invest?
* Dividend and Capital Gains taxes involved
* Interest Rates
* Comparison with Fixed Deposits

(15 min)

Comments

The point you mentioned in

The point you mentioned in the FD that TDS is always deducted at source is not fully correct. http://www.thinkplaninvest.com/2009/04/how-to-avoid-tds-on-fixed-deposit/
If I fil 15 G tax will not be deducted.

True - you can file 15G if

True - you can file 15G if your total income is less than the taxable limit, didn't account for that!

Thanks for such a nice video

Thanks for such a nice video with description. Cleared my basic concepts.

Thanks for the nice

Thanks for the nice presentation, what are tax implications, if the amount invested in liquid fund are transferred as system transfer plan into equity mutual funds ? Do we need to pay tax for liquid fund gains ?

THanks for the presentation.

THanks for the presentation. It was very useful and clear.

I am also interested in the answer to the question by JOHN on tax implications if stp is done within a short-term from a liquid fund into an equity fund.

Very nice. I keep some of

Very nice. I keep some of money in liquid and was trying to find out about benenfits of moving to UST. It makes sense to do so. Also, for NRI (Not Required Indian :-)) TDS is high.
Thank you
Krish