Liquid MF will have higher return vs liquid bees. Bees has much higher fees + dividend tax( which may not be bad thing if you are in 30%). Also, no fractional units. Liquid Bees will also have transaction charges from broker ( maybe STT too but dont remember if its exempted). Anyway, its better than nothing if you have decent amount with broker.
myCams is pretty good and free for CAMS managed fund. We can also get consolidated reports every month for all MF and all Demats.
MF Utility might give access to all but i haven't tried it ... You can always use a portfolio manager ( like value research ) or your own excel for basic pnl monitoring.
myCams is pretty good and free for CAMS managed fund. We can also get consolidated reports every month for all MF and all Demats.
MF Utility might give access to all but i haven't tried it ... You can always use a portfolio manager ( like value research ) or your own excel for basic pnl monitoring.
They use this to park money safely - to hedge large capital against broker collapse/misdeeds.
If return from liquid funds is significantly higher - say 2% then it makes sense for it as compared to liquid bees as platform/broker fees for liquid bees will be Rs. 20 versus 1% or 0.5% (Not sure of broker fees for liquid funds?) in case of MF platform