If take a loan against my securities on Zerodha. Can I use those funds to invest in mutual funds or equities?
I have taken loan against my securities to do a land registry. But the date of land registry has postponed by 2.5 months cuz of some issues. So i thought instead of keeping them in my account can I put those funds in some MF or equity for short period?
Borrowing funds to make stock market investments is not a good practice, and we would advice you against it since the markets are highly volatile. We would recommend using an LAS loan for any personal needs, repaying other existing loans having higher interest rates, or any other personal emergency situations.
Okay, Thanx for advice.
But, my question is,
is it allowed?