Hi Nitin bhai,
I want to know is better to put margin money ( pledged ) in liquid bees ETF or liquid fund ( now available on zerodha ) considering
50% cash margin rule is not applicable to liquid bees ETF , is it applicable to liquid fund. or not ? ( whether iliquid ETF is at par with cash like liquid bees or will be treated as stock) .
Return on liquid bees is lower than liquid MF but if I will have to pay interest of 18% on liquid MF pledge used as margin above 50% limit it will be useless.
November 4, 2019, 12:50pm
Liquid funds are treated like cash similar to liquid bees.
Above reply should answer this.
Are Niftybees also treated as liquidbees for margin purpose i.e. no 50% rule applicable?
January 15, 2020, 8:33am
No, niftybees are not like liquidbess, they are like stocks.
Liquid fund ie those 7 permitted by zerodha for now…isnt the perfect choice but the best available at thia moment. Tried everything else in planning…nothing else…i heard yields use to be 6.5 or even 7%…
In last 30.days odd that i bougjt n pledged am getting merely over 5%
Remember …still your best bet
February 26, 2020, 12:23am
@siva Do i need to pay 18% interest if i pledge liquid funds ?
February 26, 2020, 1:51am
Why you need to pay if you pledge liquid funds?
If I have bought ICICI Pru Overnight Fund through Coin, how do I pledge this as cash margin, just like i do liquid bees
this. It is same as pledging LiquidBees.
What are you trying to say - you would not choose liquid funds?