Difference between Liquid/Liquid Plus/Floating rate funds

[ankitj]

Hi, Can anybody explain difference between Liquid, Liquid Plus and Floating rate funds.

Also what are the tax implications i.e. which one has the lowest taxes?

 

[mayurkotlikar]

This will help:

http://www.personalfn.com/detail.asp?date=4/15/2008&story=2