Where to find the list of cash equivalent securities and mutual funds at FYERS?
Exchanges consider over 350 securities and mutual funds as cash equivalents. These assets can act as a cash component when you're trading in the F&O Segment.
To illustrate: Suppose Mr. X possesses Liquidbees worth ₹10 Lakhs and is looking to trade in Index Futures, but doesn't have cash in hand. In such a case, Mr. X can pledge his Liquidbees, thereby obtaining additional margin for F&O trading without depositing any extra cash. Do keep in mind, though, that cash equivalents undergo a small haircut as per exchange regulations, which is typically around 10%.
For a comprehensive list of these cash equivalent securities and mutual funds, click here.
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