Collateral Margin Value change based on Underlying

Hi ,
Does the margin provided on pledged units vary on a daily basis based on price change in the underlying?
For ex. If one purchases 1000 units of and MF at NAV 10 and pledges -> Total Cost :10,000 , margin after 10% haircut -> 9000

If after few days NAV becomes 11 -> current value would be 11,000 , Will the margin provided increase to 9,900?

Yes, the collateral margin is adjusted for the price variations in the security at the end of each trading day. This has been explained in detail here.

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