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Liquid MF in Demat – How liquid are they?

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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