The banking sector is one of the most flourishing sectors of the Indian economy. As per the data revealed in 2017, there are more than 157 crore active savings bank account in India, which is nearly 16% more than the current population of the country. However, this data isn’t very pleasant, because most account holders depend on banks for their basic investments. 

If you want your money to fetch good returns, then you must invest in top-performing liquid funds such as Reliance Liquid Fund. It is a superior alternative to the traditional bank accounts, and can pay far better in comparison to them. 

What is a Liquid Fund?

Liquid funds are a type of debt mutual funds that are primarily used for making short-term investments. These funds are best suited for people who desire steady income and do not intend to stay invested for a long period. The instruments used in the portfolio of these funds generally have a shelf life of 3 months or less. Hence, these funds are the best alternative in case you desire immediate goal achievement. 

What is Reliance Liquid Fund?

As the names suggests, Reliance Liquid Fund (G) is short range fund of the liquid investment category. It was started in December, 2003, with an aim to provide investment platforms to conservative investors looking for short-term investments. The fund follows a very unique investment style, which includes investing in high quality debt instruments of government and established corporates. As of recently, Reliance Liquid Fund (Growth) was coined as one of the wealthiest funds in the realm of investing, as its AUM stood a t a whopping ₹31,841 crore on 31st May 2019.

What are the advantages of investing in it?

• More Money
The primary reason to invest in any avenue is to earn good amount of returns. And when you are investing in a liquid fund, you are unleashing the full power of your savings. With an investment in Reliance Liquid Fund – Regular Plan (G), you can earn nearly 7.70% returns which is nearly double the amount that banks usually provide. 
• Better Security 
Investing in Reliance Liquid Fund has its own set of merits. Not only does the fund pay a handsome reward for making an investment in it, but also guards the investment against market volatility. Since the underlying portfolio is filled with many high-performing debt instruments, there is a better protection awarded by this fund against market volatility. Hence, you can stay relaxed about your fund’s security and enjoy a steady wealth building. 
• Prolonged Growth
Usually, mutual funds are looked upon as the instruments for long range investments. But, not many people are in the favour of investing for years. For them, a short range investment such as Reliance Liquid Fund works as a stepping stone into prolonged growth. The fund gives good results in short period of time that builds confidence in the investors to stretch their investment term. So, if you are new to the investment game or are just reluctant to invest for a long period, you can give a boost to your investment journey by investing in Reliance Liquid Fund (G).
• Easy Investments
Unlike bank accounts where you might have to stuff a large money to earn decent returns, you can start making higher income with just ₹100 by investing in Reliance Liquid Fund. Since the fund has an option to invest through SIPs, the process of wealth building becomes even more plausible. The SIP investment not only takes the load off of making huge investments at once, but also bestows the benefit of compounding which enhances the quality of returns. 
• No Exit Load
One of the best features that you could enjoy by investing in Reliance Liquid Fund is its zero exit load policy. Since, the fund is tailor-made for a short-term investment, it doesn’t carry any exit load or any other redemption charges. You are free to redeem your funds anytime, which makes this fund a superb option for beginners. 

Thus, placing your money in Reliance Liquid Fund (Growth) can fetch you far better results than a traditional bank account. So, don’t waste your money by parking it in the traditional fashion. Try liquid funds instead!