Got a few questions,
1, starting an SIP for a particular day of month for X years and investing the same amount on same day by oneself every month for same period are same or different?
2, liquid funds are the least risky mutual funds right? they can offer slightly higher return than savings bank. is there any chance of capital loss? how?
3, Please give any link where different type of mutual funds are described, like liquid, short term, debt, gilt etc.
VS-1) Yes. 2) Yes, they are least risky products. They may or may not offer higher returns than savings bank returns. There is hardly any chance of capital loss. Reason is, they invest in short-term papers, which are very much secure in nature with any default or interest rate risk. 3) You can google it for respective fund type, there are many such posts available to give you in-depth knowledge.