Can I buy Mutual Funds and pledge to get collateral?
Yes, you can invest in Mutual Funds and pledge them to get additional margins to trade in the F&O Segment. However, not all mutual funds are accepted for pledge.
For the list of Securities and Mutual Funds that are available for the pledge, click here.
To know more about the collateral margins, refer to this article.
What are charges applicable for Mutual Funds?
You can buy Direct Mutual Funds at Fyers for FREE. However, on selling your Mutual Fund holdings, DP charges of ₹12.5+GST will be levied. We do not levy additional charges other than the DP charges mentioned above. For the details on the expense ...
Where can I find the list of Cash Equivalent Securities and Mutual Funds?
There are around 350+ Securities and Mutual Funds that are considered as cash equivalent by the exchange. These securities will be considered as cash component when trading in F&O Segment. For Instance, Mr. X has Liquidbees of ₹10 Lakhs in his ...
How do ELSS funds help in saving Income Tax? Can I Pledge it to trade in F&O segment?
Equity Linked Savings Schemes (ELSS) under section 80C of the Income Tax Act, 1961. These schemes are growth-oriented and invest pre-dominantly in equities. Their growth opportunities and risks associated are like any equity-oriented scheme. ELSS can ...
Does FYERS provide collateral margin against holdings/securities?
Yes, we do provide collateral margin against your holdings, i.e., stocks, ETFs, and MFs. You can pledge your holdings for collateral margins, which will be credited into your trading account after a deduction of a certain percentage or haircut. ...
How can I place a pledge request in FYERS?
Now you can pledge all your NSE Approved Securities and Mutual funds online through OTP. The step-by-step procedure of the same is as below: Go to pledge.fyers.in and login with your FYERS credentials (If you’ve already logged in to FYERS Web then ...