What’s instantaneous redemption how instantaneous it really is?What kind of mutual funds and fund homes give it?Somebody who has really used it?Can I’ve it in DeMat (coin)?
You may redeem 90% or ₹50k, whichever is smaller inside 30 minutes.
It’s out there in lots of liquid funds. When investing, verify for immediate tag in Kuvera, Paytm Cash or AMC web site. Eg: Nippon, PGIM, Aditya Birla, and so on.
Sure it really works. Don’t redeem greater than 90%, even when lower than 50k. Will get caught in 2 day redemption then.
No. Is not going to be potential in demat because you obtain funds solely on T+2.
Sebi is shifting everybody to t+0. So we would get finish of day redemption, however instantaneous won’t be potential as a result of it’s saved like shares.
I’d recommend you do it in Kuvera or Groww (if they’ve it). I’ve examined in Kuvera, and so they supply 6-7 funds so you are able to do 50k * 6 = 3L instantaneous redemption (offered 3L is lesser than 90% of complete quantity in liquid funds)