SmartSave is an offering by Groww wherein you can invest in a liquid fund and redeem instantly. Usually redeeming from liquid funds takes about 1-2 working days. This allows you to use your investments in liquid funds like a savings bank account while earning higher returns than the bank account. When you invest in SmartSave your money is going to ICICI Prudential Liquid Fund. There is a per day limit for instant redemption. When you redeem from SmartSave you can get up to Rs 50000 or 90% of the total amount invested in SmartSave instantly (whichever is lower) per day. This service is available 24x7 - even on holidays.