To have a better idea of how much you need to save over time, you can use a retirement calculator....
Liquid funds are those mutual funds that are more interested in short term money related instruments....
Assets can include retirement accounts, cash present in a bank account, mutual fund in India or other investments...
A Systematic Investment Plan (SIP) is investment mode through which you can invest in mutual funds. Click here to know what is SIP, Benefits & how it works....
A liquid BeES scheme is an exchange- traded fund that invests purely in short-term instruments or the overnight money market....
An ELSS or Equity Linked Savings Scheme as the name suggests is a mutual fund that predominantly invests in equity and equity-linked securities ...
You can even go for a SIP with an annual increase calculator to allow you to invest your additional income too....
Mutual funds offer investors looking to invest in equities but not having the time or the expertise to do research, an excellent investment option....