Zerodha
LIQUIDCASE
Delivery
LIQUIDCASE physical delivery rule
LIQUIDCASE ETF settles via physical delivery of units on T+1 (like equity ETFs).
| Trade | Settlement |
|---|---|
| Buy | T+1: Demat credit |
| Sell | T+1: Demat debit + funds credit |
| Pledge | Pledge request + CDSL OTP authorisation |
Why this matters
- Cannot square-off intraday like F&O: Buy gets settled.
- Short selling: Same-day short of LIQUIDCASE is allowed only if you have units; otherwise broker rejects.
- Auction risk: Selling without holdings may invite exchange auction (rare for liquid ETFs but possible).
For retail holders
The “physical delivery” requirement is benign for hold strategies:
- Buy, hold, sell when needed.
- All settled normally.
The rule matters for:
- Algorithmic strategies attempting BTST-like operations.
- Pledge requests requiring specific timing.
See also
- Zerodha Nifty 1D Rate Liquid ETF (LIQUIDCASE)
- LIQUIDCASE as collateral on Zerodha
- Park idle cash in LIQUIDCASE
- Zerodha Fund House overview
- Zerodha Overnight Fund
- Invest in Zerodha Fund House via Coin
- Zerodha Gold ETF
- Zerodha Silver ETF
- Zerodha Nifty LargeMidcap 250 Index Fund
- Zerodha Nifty 100 Index Fund
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
- Zerodha Multi Asset Passive FoF
- How Zerodha AMC differs from regular AMCs
- Zerodha AMC philosophy (passive-only)
- Vishal Jain (Zerodha AMC CEO)
- Zerodha Asset Management Company structure
- Pledge bonds on Zerodha
- ETF
- T+1 settlement
- Short delivery (auction)
- BTST
- Stock auction
- Margin pledge in India
- Zerodha
- Kite (Zerodha)
- CDSL
- National Stock Exchange
- Bombay Stock Exchange
External references
References
- SEBI, ETF settlement framework, sebi.gov.in.
- NSE, ETF trading and settlement, nseindia.com.