Upstox should allow pledging of mutual funds for additional margin towards option trading. All the other top brokers allow it, so if Upstox wants to stay at the top of the game they need to allow this, otherwise I am afraid a lot of loyal customers including myself will be forced to switch brokers.
Hi @Akshit_Mahajan,
Thanks for your feedback! Our team is already working on it.
Also, we are happy to inform that very soon we will also allow mutual fund pledging on our platform. Stay tuned.
Hi Ushnota,
That sounds promising, thanks for the update. Any tentative timelines by when this feature will be released?
Best,
Akshit
Hi @Akshit_Mahajan,
Itās in the pipeline and should be live by the end of October. We appreciate your patience and understanding. Donāt hesitate to reach out to us in case you have any other query. Thanks!
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