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Bhaiyon aur behno, India's rich are parking cash like champs!

Finance

Business Standard
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Bhaiyon aur behno, India's rich are parking cash like champs!

Listen up, jabronis! When it comes to short-term cash, India's wealthy kick FDs to the curb! For 0-3 months, they roll with liquid and arbitrage funds, keeping it safe and tax-smart. From 6-12 months, they flex equity savings. At 12-24 months, they dominate with balanced advantage. And for 3+ years? Large and flexi caps for that sweet compounding! Remember, liquidity and tax efficiency are the keys to the kingdom!

few days ago | Sunainaa Chadha