i am not able to understand margin statement given by zerodha. It has negative funds ? what
Excess /Shortfall w.r.t Requirement by Exchange/NSCCL , and many other terms if you help on these it will be helpful also when to understand if I needed to put money for any loss happened?
Please go through below link
https://support.zerodha.com/category/trading-and-platforms/trading-faqs/articles/what-is-a-daily-margin-statement
Yea. Agree.
You cant understand unless u have a Master degree in Margins from Zerodha University.
My negative fund was -7303. I sold 11 shares of Sun Pharma @ 829 =9119. Still my fund is showing -20 Rs. What is the logic?
or Zerodha is making some kind of illegal pocket pick in users’ funds?
Shivam, as per SEBI’s peak margin norms, 80% of credit from selling your holdings will be available for new trades. The remaining 20% credit will be blocked under the delivery margin field on Kite until the next trading day. Explained here.
Got it. Thanks for your kind explanation.
But I am still curious why my fund was in negative though I don’t have any ‘sell’ position