Instant redemption of Liquid mutual funds

General
1

Which mutual fund apps allow instant redemption of liquid mutual funds?

I know Paytm money does.

Please let me know if you know about any other app.

Note: kindly don’t guess, and answer only if you know for sure.

2

Nippon India liquid fund gives you an ATM card which you can use as a debit card connected to your liquid fund balance

1 Like
3

Thank you @Karthik_Ragu. That is a great feature.
However, my requirement is to get money digitally into my bank account whenever required.

I know paytm does it, but recently paytm has been in news for multiple times for bad reasons. Therefore I am looking for alternatives.

4

Zerodha should come up with this much needed feature in Coin app/web for liquid funds. @Bhuvan your views pls.

5

Liquid mutual funds provide an instant redemption facility that is in a non-demat mode, at Zerodha, the investments are in a demat mode; hence the instant redemption MF can’t be provided on Coin.

6

@Neelesh

Correction:

Before: Zerodha the investments are in a non demat mode
After: Zerodha the investments are in a demat mode