Treasury bills, ultra short-term debt funds look attractive to park cash
Currently, a 91-day deposit of HDFC Bank yields 4.5%, while it increases to 5.75% for 181 days and 6.6% for a year. Compared to this, T-bills of similar tenure yield 6.78%, 6.95% and 7.01%, respectively. Ultra short-term funds could fetch investors anywhere between 7.25% and 7.5% return.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
