Instant Redemption on Coin

[Bhuvan]

@Abhranil_Dutta_majum

If this feature was available was on coin then it would be grea

If you are referring to instant redemption of liquid funds, then afraid this isn’t possible because MFs on Coin are held in demat. Having said, liquid funds now have a graded exit load, instant redemption becomes a little less attractive:

7 day exit load to be applicable on Liquid Funds. Here's the impact on returns

SEBI had recently announced a 7day graded exit load period for all liquid funds, given the credit issues. Here’s how much of an exit load will be applied and the impact on returns. Exit Day NAV before exit load exit load NAV after exit load Return after exit load (% p.a.) Impact on Returns (% p.a.) Day 1 100.0151 0.0070% 100.0081 2.90% -2.56% Day 2 100.0301 0.0065% 100.0236 4.30% -1.19% Day 3 100.0452 0.0060% 100.0392 4.80% -0.73% Day 4 100.0603 0.0055% 100.0548 5.00% -0.50% Day…