They better change…i had an account with them 2 yrs back & had a poor experience …they had hidden charges, poor customer support, very bad user interface on their trading system etc…had even escalated to top level but no action, hence closed my account.
I’ve also kind of reactivated my wife’s account with them. I’m using that for occasional trading and keeping as backup for Zerodha outage days. Except that they charge interest on collateral margin, other experience look cool. Let’s see
Someone on the forum said that Edelweiss, Sharekhan, Motilal Oswal, Alice Blue and 5 Paisa provide margin against Direct MF.
But first check their website first and then you must ask the brokers directly through mail to be sure.
Sas offer 100% collateral without cash component and no interst. Bummer is they don’t allow funds withdrawl even if you have a single open fno position. Astha also has 100% stock collateral and allows funds withdrawl. No interst
Ever since I joined Zerodha 2 years back, I have asked for very basic features which are standard and missing, like sorting columns, etc; which they say is in their roadmap !! Even features like managing holdings as LT/ST, which is in roadmap they say. They could implement same feature for smallcase though. I feel no one likes to listen to customers, but they have their own agenda to thrust on clients. Complacency indeed !!