In the world of personal finance, a Money Market Fund (MMF) and an Account (MMA) are two different financial products that have different functions. Despite having names and duties that are similar, they are frequently confused, but they differ greatly from one another. We’ll examine the salient features of each in this comparison to help …
Money Market Account vs. Money Market Fund: What’s the difference? Read More »
Fixed income generally means an investment asset whereby one gets returns on an assured rate. Fixed Income Securities can range from bonds, CODs (certificates of deposits), money market funds, etc. that guarantee predetermined returns. They preserve the documents for a particular amount of time and give assured returns (usually lower) and upon maturity gives an …
Advantages & Disadvantages of Fixed Income Securities Read More »
Life is full of uncertain circumstances. So, it’s imperative to build a fund that can save you at times of emergencies. Emergency Funds are set apart from other savings, as it can help you to handle unfortunate circumstances like job loss, loss of family members, or medical bills. So, it’s always prudent to keep your …
What is the Best Place to Keep Your Emergency Funds Aside From Bank Accounts? Read More »
Introduction:- Overnight funds are a type of mutual fund that invests in highly liquid money market instruments, such as treasury bills, commercial paper, and certificates of deposit. These securities have a maturity period of one day, maturing the very next day after they are purchased. As a result, overnight funds are considered low-risk investments since …
What are Overnight Funds ? – Meaning, Benefits and Works! Read More »
Money Market Mutual Funds, often known as overnight or late-night mutual funds, are based on the short-term interest rate in the market. It comprises of commercial papers, commercial bills, treasury bills, government securities with a remaining term of up to 365 days, call or notice money, certificates of deposit, usance bills, and any other analogous …
Advantages and Disadvantages of Money Market Mutual Funds Read More »
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 …
