Can we pledge tax saving mutual funds

[pankushri]

Thank you Team Zerodha for accepting ELSS as collateral

Thank you Team Zerodha , You made my Diwali super sweet by accepting ELSS funds as collateral . Not expected at all , I kept trying like every month and Pheewwww this time around CDSL accepted . I was seriously contemplating to shift to SGBs because with SGB i can get 100% liquid plus 10-12% return per year , but ELSS giving me around 13-16% return but I want best of both worlds . Thanks alot Collateral Team and Higher Management of Zerodha and Kite for allowing this . It might look small bu…