Liquid MF in Demat – How liquid are they?

POSTED BY Dominic Prakash ON November 15, 2010 10:04 am ONE COMMENT

For the first time I bought some HDFC Liquid fund from my ICICI demat account. They took almost one week to process my “buy” request. Now on the thrid business day I am waiting for my redemption request to get processed. Is it usaual?

Hope this will not be the case if I had done this directly from HDFC web site. I have done few processing on my regular funds and they are very fast.

One reply on this article “Liquid MF in Demat – How liquid are they?”

  1. rakesh says:

    Dominic,

    Yes you are right, ICICI seem to be taking more time than usual to process your liquid funds.
    I have a demat account with HDFC and i have bought many funds including liquid funds and they get processed in 2 working days.

    Rakesh

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