Is liquid fund risk free?

Related questions

1. What is direct and regular mutual fund?
2. Is Liquid Fund better than FD?
3. Do liquid funds attract tax?
4. Can I invest in liquid fund through SIP?
5. Which mutual fund is better growth or dividend?
6. Which mutual fund is best direct or regular?
7. Does 401k double every 7 years?
8. What is Xirr in mutual fund?
9. Does Xirr compounded annually?
10. What affects NAV?

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21. #credit