Queries on Liquidbees. More in details

[VenuMadhav]

@Phoenix1

Can the pledged Liquidbees be used in intraday equities?

1. No, you can’t.

@Phoenix1

If I buy Liquidbees today, can I pledge it today? Or do I have to wait until it is in my demat account and the proceed to pledge?

You will have to wait until you receive delivery in your demat to pledge. You can sell it, but there’s a risk of auction on BTST trades. More here: What are the risks involved in BTST?

@Phoenix1

If I unpledge the Liquidbees today, Do I have to wait to sell it until it comes in my demat account? Or is there any window I can sell it earlier?

Yes, you’ll have to wait until it hits your demat, for now. We are working on making allowing sell from pledge

@Phoenix1

How many days it typically takes to redeem the dividends, and what are the charges?

Whole units can be sold on the secondary markets, credit comes on T+2 to withdraw

@Phoenix1

What are the trading charges for buying/selling the bees. Usual lower of 0.1% or Rs. 20?

Yes

@Phoenix1

Which is better Liquid fund that can give 3%+ a year that has less hassle buy/selling/reddeming fractional dividends? I know that cannot be certain, but is any fund stands out foe ease of trading/reddeming/riskfree etc?

Should one park excess money in liquid fund or liquid BEES

I have checked this website and Liquid BeeS looks like a good option to park excess money, but what will change if we use Liquid MF. Since now Liquid MF are also available in the zerodha profile. How much is the withdrawal time for a Liquid Funds.