Allow Pledging of Mutual Funds

Thank you for adding list of MFs for pledging.

But haircut is a big problem. In upstox it’s 25% for all MFs whereas other platforms are offering only for 9-10%.

Also for equity haircut is way to high 20% is a minimum, on other platforms range is 8-12%

In this competing market u shud consider this to reduce the haircut.

Hi @Nobble,

Thanks for your feedback. This is already under progress. Will let you know once it’s done.

Thanks @Ushnota

Please update here only.

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Hi…
Pls let me know can I buy equity shares delivery based by pledging mutual funds. Pls understand my point Suppose I bought mutual fund of cash component of 50000/- and non cash equivalent of 50000/- and pledged both after that I will receive margin of 90000/- (Approximate). Can I buy delivery based (CNC) equity shares from received 90000/- margin? Without any further cash (As I have already pledged cash equivalent mutual fund collateral)

Hi @MONE_MILIN_1116451,

Welcome to the Upstox Community!

Yes, you can buy shares upto 90,000/-. You can read more details on the implications and scenarios post that, here: Margin usage for equity delivery - Upstox Help Center

Let us know if you need any other help, thanks.