NAV of liquid funds

[Bhuvan]

@S_J

Will someone explain me why N.A.V of liquid funds like LIC MF Liquid funds fall on 18th and 20th march. Is it advisable to buy this funds if say I got 1lac rs but I can need it anytime.?

Check this

Liquid Fuds are safe in crisis

The well managed funds are. I am assuming you’d are asking this because of the negative returns in the past week? If yes then, that has nothing do with a credit event in the funds. This was because of a few reasons: There was a negative return over a general flight to safety given the Corona Virus situation. During the fiscal year corporate entities tend to redeem liquid funds and hold cash and then invest back in April. There has been huge FII selling in both equities and debt causing yields…