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Money market funds are a type of mutual fund that invests in short-term, low-risk securities. These funds are designed to provide investors with a relatively safe place to park their cash while earning a modest return. Money market funds typically invest in high-quality, short-term instruments such as Treasury bills, commercial paper, certificates of deposit, and other highly liquid and low-risk securities.
3 unique variants
Money market funds primarily invest in short-term, highly liquid securities, with maturities typically ranging from a few days to a year.
No part-prepayment charge on Flexi Term Loan
Investments in money market funds are highly liquid, allowing investors to easily buy or sell shares without significant price fluctuations.
Loan of up to Rs. 40 lakh
Money market funds aim to protect the capital invested, making them a suitable choice for investors seeking to preserve their principal while earning a small return.
The eligibility criteria and documents required for investing in mutual funds may vary slightly based on the country and specific regulations. Below are general guidelines, but it's important to check with the relevant financial institutions and fund houses in your region for precise details
Eligibility criteria
Documents required
Loan amount: $
Rate (Interest): %
Months (Time):
Total EMI: $