Money Market Mutual Funds

A Quick Guide to Money Market Mutual Funds

AbstractAn open-ended debt scheme, in which the fund manager invests in money market  instruments such as treasury bills and commercial papers which are highly liquid and  have short-term maturities. These are issued by the RBI with the help of commercial  banks having a maturity period of up to 1 year.  Key features   LiquidityThe easiness of …

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