Check this sheet to know if that fund is allowed for pledging or not.
Instead You can buy index ETFs and pledge
Once new pledging arrangement starts we can start allowing for most which are allowed by clearing corporations.Check this.
@siva the new pledge system from one August permits pledging of securities without POA given by clients.
which broker allow mutual funds as collatral foroption writing
@ONLYINTRADAY aliceblue, motilaloswal, shaekhan, edelwiss, anything you can pledge and write option
@Riyas_Ahamed… i have SBI Banking & Financial Services Fund - Direct Plan . so i will contact sharekhan
yes sure you can pledge there
@siva I have Canara Robeco emerging equities-Direct Mutual Fund(INF760K01EI4) in Console but its not showing pledge link, can it be included in the list of pledgeable MFs or what is the wayout? However following three variants of the same scheme are pledgable:
CREQDPR: INF760K01183:Canara Robeco Emerging Equities
CREQGP: INF760K01167:Canara Robeco Emerging Equities
CREQDP: INF760K01175:Canara Robeco Emerging Equities