Will the profit or loss of the open positions be considered for the 30-Day Challenge?

Will the profit or loss of the open positions be considered for the 30-Day Challenge?

No, the F&O position/s taken before the start of the challenge or during the challenge (but not closed during the challenge period) will not be considered for calculating the 30-Day Challenge P&L.


For instance, Mr. Chandran had 4 open positions before he started the 30-Day challenge. Later, he started the challenge and booked the profits on the above-mentioned positions. The profits realized from these positions will be ignored in the 30-Day Challenge P&L calculation as they were taken before the start of the challenge. 


Similarly, Mr. Ashok takes the 30-Day challenge and incurs ₹5,000 losses during the challenge period. However, he has open positions with ₹20,000 profits, and the challenge date ends. Ashok has not closed the profitable positions before the challenge's end date. In such cases, Ashok's unrealized gains are not considered; hence, he is not entitled to the 30-Day Challenge brokerage refund.


Important Update: We regret to inform you that the 30-Day Challenge has been discontinued until further notice. For more details, refer here.