What is liquid fund?

Related questions

1. Which mutual fund is better growth or dividend?
2. Which is best ULIP or sip?
3. Can I invest in liquid fund through SIP?
4. Does Xirr compounded annually?
5. What is NAV in mutual fund?
6. Is SIP better than FD?
7. Is direct plan better than regular?
8. Is higher NAV better or lower?
9. Is SBI Blue Chip fund tax free?
10. Is Liquid Fund better than FD?

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