SIP and mutual fund redemptions will be quick. Curie Money and ICICI Prudential AMC launch a new initiative.
Instant Redemption: This new experience from Curie Money and ICICI Prudential AMC makes liquid fund investments and instant redemptions easy, secure, and instantly available to investors. With the convenience of digital payments and real-time redemptions, this initiative helps investors increase their financial flexibility and control. Thus, this partnership is reshaping the mutual fund and digital investment experience in India.
Instant Redemption: SIP and mutual fund redemptions will now be seamless. Curie Money, in collaboration with ICICI Prudential AMC, has introduced a first-of-its-kind experience in India that combines liquid funds, instant redemption, and UPI into a single seamless platform. This initiative allows retail investors to grow their funds steadily while maintaining instant access to their investments without any lock-in or penalties.
Importance of Liquid Mutual Funds
Liquid mutual funds are becoming an increasingly popular choice for investors seeking stable returns. These funds are relatively protected from equity market volatility and invest primarily in government bonds, securities, and treasury bills. This means investors experience low risk and stable growth, making them suitable for both short-term and long-term investment plans.
Instant Redemption Facility
The biggest attraction of this partnership is instant redemption. Investors can now withdraw funds to their bank accounts within seconds, compared to the usual redemption that takes 1-2 business days. Currently, investors can redeem up to 90% of their invested amount instantly, with a maximum limit of ₹50,000 per day. This has increased investors' liquidity and financial flexibility.
Instant Redemption Through UPI
Curi Money has created a seamless digital experience by combining ICICI Prudential's liquid funds with instant redemption and UPI functionality. Now, investors can not only grow their money but also use it for instant UPI payments. This feature bridges the gap between savings and spending in real time, giving investors financial freedom.
A New Step in Digital Wealth Management
This collaboration marks a significant step in India's digital wealth management landscape. Investors experience growth, liquidity, and accessibility all in one. This initiative by Curie Money and ICICI Prudential AMC makes mutual fund investing simpler, faster, and more user-friendly than ever before.
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