Important Update on Pledging Mutual Funds!
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Important Update on Pledging Mutual Funds!

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31 March '2022
7:30 PM

As per the circular dated 31st March 2022, The Securities and Exchange Board of India has announced the extension of the timeline for discontinuation of usage of pool accounts for transactions in units of Mutual Funds on the Stock Exchange Platforms. As a result of further clarification from the depositories and other stakeholders the following points will be in effect from 1st April 2022:

  • Clients can pledge Mutual Funds to avail collateral margins.
  • Collateral margins can be used for F&O trading as usual.
  • Clients who had unpledged Mutual Funds based on our previous notice on this topic can now repledge their Mutual Funds to avail collateral margins.

For more details, refer to this circular.

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