Comment on Quarterly settlement of funds & securities

Vikash commented on 14 Jun 2017, 06:23 PM

Is it possible to buy liquid fund and remain in that fund and also place stock orders for delivery etc.
Say – I have 50000 as unutilized fund and liquid fund is bought and now I don’t redeem it and my free balance is zero. Now I place order for any delivery on share for price 10000, will I be able to buy the shares.
Of course after I buy the shares I will redeem the MF to match this transaction.

Or the second case, say at 9:15 I place an order to redeem my liquid MF fund, will it be credited back within that day market hours so that I can place my other delivery etc. orders.

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