Since the past few days I was toying with the idea of parking my idle money, which I might need in 4 to 5 months, in overnight funds or liquid funds. These funds invest a part of it in Government Bonds and T-bills.
Instead of investing in those funds why not buy 91 day T-bills directly? On doing so I will be getting much better returns.
Is there any disadvantage in direct buying of T-bills? Will there be a lot of hassle when I have to redeem them after their maturity??
Instead of investing in those funds why not buy 91 day T-bills directly? On doing so I will be getting much better returns.
Is there any disadvantage in direct buying of T-bills? Will there be a lot of hassle when I have to redeem them after their maturity??