Use smart cash management to optimise returns on short-term funds
Last Update Date: 06-10-2026
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar said savings accounts should mainly hold money for running expenses, not serve as a savings tool. He suggested keeping the minimum balance, a month of spending and an emergency buffer, and setting any sweep threshold with these in mind.
More of Abhishek's views on mutual funds
With savings account interest rates falling, the article sets out ways to manage short-term cash better. It covers keeping a limited bank balance, using liquid funds and their tax treatment, auto-sweep facilities that move surplus into deposits, and spreading money across small finance banks within the deposit insurance limit.
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Use smart cash management to optimise returns on short-term funds