why only growth liquid funds allowed.
why all funds with conservative nature are not allowed like balanced funds, gold funds, arbitrage funds etc.
whether only existing liquid mutual funds will be allowed in future also.
Pls give clarification.
Currently only these are offered, we intend to include other type of mutual funds in the future as well.
Why only growth for liquid is because reconciling dividends is quite a tough process. All dividends we will have to shift from our pledge to your bank account regularly, quite a painful and operational heavy/risky process.