Will I be eligible for corporate actions such as dividends for my MTF positions?
Yes. If you hold shares under the Margin Trading Facility (MTF) at FYERS, you are eligible for all corporate actions such as dividends, bonuses, rights issues, and stock splits. This is because the shares remain in your demat account even though they are pledged for margin purposes.
As long as you continue to hold the shares on the relevant record date, you will receive all associated benefits.
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Which stocks are eligible for MTF trading?
FYERS offers access to over 1,400 NSE-listed stocks under the Margin Trading Facility (MTF). These stocks are carefully selected based on SEBI and exchange guidelines, and their eligibility may change from time to time depending on risk parameters. ...
What is Margin Trading Facility (MTF)?
Margin Trading Facility (MTF) lets you buy stocks by paying only a portion of the total trade value upfront. The remaining amount is funded by us. This feature enables you to take larger delivery positions with limited capital by leveraging approved ...
How to track Dividends, Splits & Bonuses on FYERS Web?
You can track Dividends, Splits & Bonuses in the charts of our FYERS Web platform. Below is the procedure to enable the option to track the same: Click on the dashboard. On the right corner of the dashboard, click on the user symbol and a dropdown ...
How often is interest charged on MTF positions?
Interest on Margin Trading Facility (MTF) positions is charged on a daily basis but is deducted once every 7 days as a consolidated entry. This means your daily usage is recorded, and the total interest is reflected in your ledger weekly. How MTF ...
Will Smart Exit close overnight positions automatically when either of the conditions are hit?
Yes, Smart Exit will automatically close all overnight positions, except Equity Delivery positions, when either the Book Profit or Max Loss conditions are triggered. This includes positions held under the Margin Trading Facility (MTF).