Comment on Basics on Options Shorting/Writing

Nithin Kamath commented on 12 Aug 2015, 08:18 AM

Abhishek, currently we don’t accept MF as pledge. But there are ETF’s which are like index mutual funds trading on the exchange, which can be bought and pledged, for example Nifty Bees, Bank Bees, among others. Yes, as the value goes up of your pledged investment, you get more margins. Check row 842 onwards on this file. Yes, if you invest another 5lks, you will have to pledge that separately.

Haircut will be around 20% on such funds. So for Rs 100 invested, you get around Rs 80 as margins.

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