Suppose I want to buy some stocks on Kite and I don’t have the balance on Kite. However, I have liquid Mutual funds in Zerodha’s coin platform or in Zerodha mf. Can I redeem liquid fund instantly and buy stocks on Kite? How will the process work? And what’s the difference between liquid bees and liquid funds? Is it the same?
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Even i have the same doubt mate, hope someone answers.If it takes a day to get back money then we might lose out on some trades.
No, they are not the same. Liquidbees is an ETF while liquid funds are mutual funds. If you sell Liquidbees units, you can use the proceeds to trade on the same day while the same isn’t possible with liquidfunds.