Doubt Regarding Instant Redemption in DSP BlackRock liquidity fund


Dear Tradingqna Members and @kalpenparekh

In DSP BlackRock liquidity fund, Given instant redemption limitations i.e. 90% of fund value or Rs. 50000 (whichever is lower). are for per day? or for one redemption request or through out the fund life we can only instantly redeem Rs. 50000 , what is the time duration for the Rs. 50000??

Can we redeem Rs. 1 Lakh with two instant redemption request in the same day (if sufficient funds are availabe in the fund).

Thanks and Regards