A savings account in a bank or liquid funds are the best places to park an emergency fund. The yield is low, but the aim is not to generate an income or get a good rate of return. “A liquid fund or low duration fund is better than a savings account,” says Sanjiv Singhal, founder and COO, Scripbox.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2T3UZ9T
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