Latest current affairs · 23–24 Sep
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Curie Money & ICICI Prudential AMC – Instant Mutual Fund Redemption via UPI

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RBI Grade BNABARD ESISEBI
  • Who: Curie Money (fintech) and ICICI Prudential AMC
  • Feature: Instant redemption up to 90% of invested liquid fund amount via UPI
  • Daily Limit: ₹50,000
Key Benefits:
  • Combines investment growth with real-time liquidity.
  • Eliminates standard 1–2 business days waiting period for redemption.
  • Funds can be used immediately for UPI payments, enhancing digital money management.
Significance:
  • Empowers retail investors with flexibility and instant access to invested funds without penalties.
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