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The Economic Times
The Economic Times
Business
Suchitra Mandal

Building an emergency fund? Here's when a sweep-in FD beats a liquid fund & when it doesn't

For a lot of investors, the real question isn't whether to invest in equities or fixed deposits, but rather what to do with money that may be needed at short notice.

Maybe you've set up an emergency fund, received a bonus that will be used in a few months, or are saving for a future expense. Keeping that cash in a savings account means you’re only getting around 2.5-3% interest.

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