- The Average returns of Liquid Funds has always beaten SB Account Interest by a minimum of 1%
- True, Dividend on Liquid Funds are taxed at 28.3% but Interest on SB interest is added to your overall Income and is taxed as per Tax Slabs.
- Interest on Liquid Funds is paid out on Daily basis where Interest on SB Account is paid on Quarterly basis.
- There is no charges by AMCs if minimum balance in Liquid Fund goes below the prescribed minimum balance, whereas Banks charge anywhere between Rs.50 to Rs.1000.
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