@RajendraPatil No it’s not absolutely safe to park in liquid ETFs. There is always risk involved.
If the intention is to use the money in a month or so, My advice would be:
- Diversify across a dozen or more of liquid ETFs, if you want same day margin for a trade
- Diversify across dozen or more of liquid/overnight funds that invest in sovereign assets, if you can wait a day. It’s important to note ETFs are much expensive than direct funds.
- Or a mix the above - dozen here and a dozen there.
If the intended duration is longer than above, you’d be better off with a multi asset portfolio mix with nifty etfs, commodity etfs and debt etfs, mainly because the risk adjusted return is way way better.