Update on collateral margin against Mutual Funds for Option Buying
1 min readWe’d like to inform you about an important update in our Margin Pledge facility. Previously, you could pledge your Mutual Fund holdings to obtain collateral margin for Option Buying. However, we’re temporarily rolling back this feature.
– You will no longer be able to avail collateral margin against Mutual Funds for Option Buying
– Pledging Mutual Funds will still be allowed for Option Selling, Futures Buying and Selling and Intraday Trades
– You can continue to pledge Stocks, ETFs, and SGBs for Option Buying and Selling, Futures Buying and Selling and Intraday Trades
Any Mutual Funds currently pledged for Option Buying will cease to provide margin from 3 January 2025 onwards.