Maximize Your Idle Savings with Bajaj Finserv's Savings+

Savings+ from Bajaj Finserv Asset Management Ltd. offers an innovative way to invest surplus cash in your savings account into low-risk, high-return mutual funds. This ensures better returns than traditional savings accounts while maintaining liquidity and ease of investment.


Devdiscourse News Desk | Pune | Updated: 15-07-2024 14:30 IST | Created: 15-07-2024 14:30 IST
Maximize Your Idle Savings with Bajaj Finserv's Savings+
AI Generated Representative Image
  • Country:
  • India

Bajaj Finserv Asset Management Ltd. has launched a unique investment solution called Savings+, aimed at making better use of the surplus funds lying idle in savings accounts. Saving+ allows investors to channel idle cash into debt mutual funds, ensuring higher returns with low to moderate risk.

Accessible via a simple digital process, investors can allocate funds to the Bajaj Finserv Overnight Fund or the Bajaj Finserv Liquid Fund with a minimum investment of Rs 100. The investments promise greater return potential compared to traditional savings accounts, while mitigating risks associated with fixed-income securities.

Savings+ is suitable for conservative investors, beginners, and those seeking diversification or building an emergency corpus. The program emphasizes investment discipline and offers instant redemption options for up to 90% of the invested funds, ensuring high liquidity for the investors.

(With inputs from agencies.)

Give Feedback