Please make minimum additional investment as ₹1, over the minimum amount of ₹500.
I can understand minimum, but setting increment of 500 is annoying and it stops me from making step up sips.
If I have a 6k sip of 10% step up now, next installment would be 6.6k which is not allowed in the fund now. Since it only takes multiples of ₹500 as an option
Hi, i believe you are referring to the ELSS scheme which is governed by the Income Tax Act which states that the investment in an ELSS scheme has to be in multiples of Rs.500/-. For rest of our schemes the incremental is Rs.1/-.
Okay thanks. Yes I was talking about elss scheme
I could see that almost all Gold ETfs of other funds split at one time or the other. Is Zerodha planning to do so for its GOLDCASE scheme?
hi 1.is zerodha liquidcase T+1 OR T+2 SETTLEMENT
2. CAN ANY BROKER REFUSE PLEDGING OF LIQUIDCASE
Angelone doesn’t allow liquidcase as collateral
Well its approved by the exchange so there shouldnt be a reason why any broker should refuse.
We will also connect with AngelOne to check… Thanks
Just like stocks, ETFs like LIQUIDCASE are also follow T+1 settlement cycle
Split is usually done if the price of any security becomes large which limits retail participation. GOLDCASE has recently been launched and to ensure greater retail participation we have ensured per unit price is already low.
hi i think 5 paisa also does not allow pledging of liquidcase, pl look into it.
Will connect with them… thanks for the headsup
Thanks for the update!!
I had checked in angelone account in Aug. It allowed for liquidbees not for liquidcase.Dont know if they have updated.
Any plans on momentum ETFs?
does finvasia accept liquidcase for pledging?
Do overnight funds/TREPS also lend on weekends? Is it as active as weekdays
Only on weekdays.
Dr… am not aware if they do as it depends from broker to broker. Its approved by NSE, so the broker only needs to enable it in his systems. Would be good to request them from your side being the client. We will also try reaching out to them. Rgds
ok sure. thanks