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QUIZTest your understanding - Investing in Liquid Funds
State whether True or False
1.
Liquid funds are ideal for a 3-6 month window of investment.
2.
Liquid funds invest in medium- and small-cap stocks.
3.
The element of risk is high in liquid funds because they have a maximum maturity of 91 days.
4.
Liquid funds have a lock-in period of one month.
5.
Liquid funds offer efficient post-tax returns.
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