Hi, wanted to know how pledge system works for margin benefits.
Suppose I have mutual funds worth Rs X, if I pledge it and receive 0.9X after haircut, do I need to add another 0.9X as liquid cash to get the benefit or start using 0.9X straight away?
Hi, wanted to know how pledge system works for margin benefits.
Suppose I have mutual funds worth Rs X, if I pledge it and receive 0.9X after haircut, do I need to add another 0.9X as liquid cash to get the benefit or start using 0.9X straight away?