Can I pledge mutual fund and get margin using FYERS?
collateral margin against your holdings i.e. stocks, ETFs and MFs.
https://fyers.in/support/article/does-fyers-provide-collateral-margin-against-holdings-securities/
FYI: It is FYERS (Focus Your Energy to Reform your Self) not flyers.
Thanks Bro. Later I found the same post.
Can I use the plugged margin complete without cash equivalent, of course I know MTM loss I have to pay by cash. but in Zerodha we have to maintain 50% cash and 50 % pledged margin.
Thta’s typo. :).
Yes, Entire collateral margin is treated as cash component.
https://community.fyers.in/post/collateral-margin-60e06d713b487c1d4b5d70ea
Thank you.
Hey @IL5yOEQ8P5,
Apologies for the delay in response.
Yes, you can avail* Margin benefit* by pledging Mutual Funds which are in your Demat Account and are not under the lock-in period.
For more information on how Pledging works in Fyers, you can refer to our Support Article for the same.
Hope this addresses your query!
dose fyers all pledge to be used in mcx trading also?