Building an emergency fund? Here's when a sweep-in FD beats a liquid fund & when it doesn't
Sweep-in fixed deposits and liquid funds offer better returns than savings accounts. Sweep-in FDs provide immediate access for money needed within a week. Liquid funds become more attractive for holding periods around three months. Combining both options balances liquidity, returns, and flexibility effectively. Taxation differs, with FD interest taxed as…
The Economic Times ·
The Economic Times
