LIQUIDCASE by Zerodha

[prash1161]

hello guys

Zerodha Nifty 1D Rate Liquid ETF | LIQUIDCASE - Invest Now

The Zerodha Nifty 1D Rate Liquid ETF is designed for short-term cash management and invests in overnight instruments offering high liquidity at low risk.

www.zerodhafundhouse.com

please share review on this LIQUIDCASE ETF by zerodha
I have some liquid funds and not want to keep in bank
is this ETF better than fd?

 

[msankadi]

hello guys

Zerodha Nifty 1D Rate Liquid ETF | LIQUIDCASE - Invest Now

The Zerodha Nifty 1D Rate Liquid ETF is designed for short-term cash management and invests in overnight instruments offering high liquidity at low risk.

www.zerodhafundhouse.com

please share review on this LIQUIDCASE ETF by zerodha
I have some liquid funds and not want to keep in bank
is this ETF better than fd?

IMO the best way to keep liquid funds is in Arbitrage funds instead of liquid funds due to the difference in STT and LTT...

Disclaimer: This is not investment advice just based on my personal preference

 

[cardio_guycardio_guy is verified member.]

Don't use ETF for liquid fund. They will credit dividends as fractional units and it is a headache to get rid of them. Better go with liquid funds or money market funds.
For more details, see https://www.etmoney.com/learn/mutual-funds/which-is-better-liquid-funds-vs-liquid-etfs/

 

[sunit123]

Buy Liquid Fund or Short Duration funds..Liquid fund Returns are same as FD and short duration returns are more than FD....ETF has several issues.

 

[prash1161]

Don't use ETF for liquid fund. They will credit dividends as fractional units and it is a headache to get rid of them. Better go with liquid funds or money market funds.
For more details, see https://www.etmoney.com/learn/mutual-funds/which-is-better-liquid-funds-vs-liquid-etfs/

Liquidcase does not gives as fractional units

 

[prash1161]

Buy Liquid Fund or Short Duration funds..Liquid fund Returns are same as FD and short duration returns are more than FD....ETF has several issues.

like? m m

 

[JigmeKhesar]

Don't use ETF for liquid fund. They will credit dividends as fractional units and it is a headache to get rid of them. Better go with liquid funds or money market funds.
For more details, see https://www.etmoney.com/learn/mutual-funds/which-is-better-liquid-funds-vs-liquid-etfs/

I got those fractional liquid bees and agree.

 

[vine]

hello guys

Zerodha Nifty 1D Rate Liquid ETF | LIQUIDCASE - Invest Now

The Zerodha Nifty 1D Rate Liquid ETF is designed for short-term cash management and invests in overnight instruments offering high liquidity at low risk.

www.zerodhafundhouse.com

please share review on this LIQUIDCASE ETF by zerodha
I have some liquid funds and not want to keep in bank
is this ETF better than fd?

1) Lookup "Money market mutual fund"
2) Choose any AMC company which you are familiar/comfortable with, it doesnt matter which AMC. All of them have similar risk profile
3) Buy "Money market mutual fund"
4) Chill

 

[cardio_guycardio_guy is verified member.]

1) Lookup "Money market mutual fund"
2) Choose any AMC company which you are familiar/comfortable with, it doesnt matter which AMC. All of them have similar risk profile
3) Buy "Money market mutual fund"
4) Chill

I've been into icici and hdfc mmf. Both are kind of ok for me. My biggest debt corpus is there.

 

[prash1161]

I've been into icici and hdfc mmf. Both are kind of ok for me. My biggest debt corpus is there.

how much cr?

 

[prash1161]

1) Lookup "Money market mutual fund"
2) Choose any AMC company which you are familiar/comfortable with, it doesnt matter which AMC. All of them have similar risk profile
3) Buy "Money market mutual fund"
4) Chill

for example ye?

and is it reported to AIS?

 

[prash1161]

@vine rbl is giving 5.5% on above 1l and money market mf 6.5% on avg
so 1% extra ke liye is it worth to move money there?
money in acc will be more liquid , like can use instantly

 

[cardio_guycardio_guy is verified member.]

how much cr?

Not so big yaar. Just 1.

 

[prash1161]

Not so big yaar. Just 1.

fd pe 8% miljara like unity sf bank pe so whats the logic to keep in in this fund for 6% pa on avg?

 

[cardio_guycardio_guy is verified member.]

fd pe 8% miljara like unity sf bank pe so whats the logic to keep in in this fund for 6% pa on avg?

For me this is convenient

 

[prash1161]

For me this is convenient

Does this gets reported in ais?

 

[cardio_guycardio_guy is verified member.]

Does this gets reported in ais?

Yes it does.

 

[vine]

@vine rbl is giving 5.5% on above 1l and money market mf 6.5% on avg
so 1% extra ke liye is it worth to move money there?
money in acc will be more liquid , like can use instantly

1) HDFC money market fund has a low risk profile. You need to look at the risk profile page, not returns page. Yes, you can consider this.
1a) Please understand.
There is no escaping death & taxes & AIS.
Please do not invest in stupid schemes just because they are tax-free or have lower taxes.

2) Its not about 1%. Its about having a financial plan for your future and how and where you want to invest.
Money market funds invest in A1+ bonds.
RBL is a tiny bank trying to get more deposits with such schemes. They may stop this high interest tomorrow. If you trust the 5L guarantee by DICGC, then you should also consider how long it will be when you get your money and its associated opportunity costs.

YMMV