Funds
What is liquid fund?
A very short term debt fund used for money you may need soon.
Explained in more detail
It holds instruments maturing within about 91 days, so its value moves very little. It is commonly used as a place to park an emergency fund, though it is not as instantly accessible as a savings account.
An example
For instanceSome people keep part of their emergency fund here for slightly better returns.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time liquid fund appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.