POSTED BY November 15, 2010 10:04 am ONE COMMENTON
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.
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One reply on this article “Liquid MF in Demat – How liquid are they?”
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.