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Question #208 • Financial Education
Financial Education
Question #208

Is my money safe in Super Savings Account?

The money in the Super Savings Account is deposited in Reliance Liquid Fund - Treasury Plan. This fund invests in Call Money/ Cash/ Repo and Reverse Repo, Money Market Instruments (Mibor linked instruments, CPs,T-Bills, CDs, and/or other short term papers), which have low to medium levels of risk. Risk factors associated with investments in mutual funds apply to the Super Savings Account, but they can be minimised with diversification and by hedging.
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