You can invest your withdrawable balance directly into Zerodha's LIQUIDCASE ETF instead of withdrawing it to your bank account. This allows you to park your funds in a liquid security with relatively low risk and potentially better returns than keeping them in a savings bank account.
Zerodha Nifty 1D Rate Liquid ETF is Zerodha Fund House's Liquidcase that invests in low-risk overnight instruments like Treasury Bills and Repos. The ETF focuses on Net Asset Value (NAV) growth rather than dividend distribution.
You can sell LIQUIDCASE units anytime through Kite, as they trade like regular stocks on the exchange.
To invest your withdrawable balance in LIQUIDCASE ETF from Kite app:
- Tap on your user ID.
- Tap on Funds.
- Tap on Withdraw.
- Tap on Invest in Zerodha AMC LIQUIDCASE and enter the amount to invest.
- Tap on Continue to place the order.
You can also invest your withdrawable balance in Zerodha AMC Liquidcase by visiting console.zerodha.com/funds/overview.
You must enter an amount above the Last Traded Price (LTP) of the ETF to purchase at least 1 unit. Zerodha calculates the maximum units you can purchase based on the ETF's LTP and the amount you enter.
To learn more about Zerodha’s Liquid case, visit Zerodha Nifty 1D Rate Liquid ETF.