BITNEWS

ET IN THE CLASSROOM: Overnight Funds

Many investors tend to keep huge sums idle in savings bank accounts to invest in case of a sharp correction in stocks or to buy a stock they identify with. Wealth managers believe it is better to park this money in an overnight fund. It can also be used to run a systematic transfer plan to invest in an equity fund.

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Published by: economictimes_indiatimes

Read full article here: https://economictimes.indiatimes.com/mf/analysis/et-in-the-classroom-overnight-funds/articleshow/113867377.cms