Can I pledge Mutual funds for trading F&O?

[Suneel1]

@nithin

Aug 1st

Sir,
Earlier you said it is live from July 1st

SEBI circular - Changes in Pledging and MTF

SEBI’s drive to clean up the capital market continues Here is the latest circular in which SEBI proposes to the mechanism stockbrokers use to offer margins to clients against pledged demat holdings. What changes from July 1st? Pledging of securities Currently, when a customer pledges security as margin for F&O, the securities move to the broker and through the broker to the clearing corporation (SEBI had, a few months back, disallowed these securities from being pledged with NBFCs). Once wit…