This means zerodha started offering pledging of liquid funds?
I’ve updated the list of Liquid Mutual funds against which margins are being provided.
Thanks @nithin, @siva and @VenuMadhav for allowing liquid funds… This is a big step indeed!
Please also consider Gsec and Tbills for margins … they are the safest option for retail traders.
Is this already implemented? If so, do we still have to separately maintain 50% cash as liquid funds are supposed to be cash equivalent.
It forms part of the Cash component
One step at a time With G-Secs, the interest calculation is tricky which we’re trying to incorporate.
Yes, it’s already live for the mentioned ISINs. These ISINs will be considered part of the cash component similar to Liquidbees, there’s no need to keep cash separately.
sir are you sure its live haircut please
HA HA AH Really happy today thanks for zerodha ,
Add money market funds.
Great work Zerodha ! would be good if you can also add ultrashort term fund.
I’ve bought liquid fund 2 days back but still not showing up in console for me to pledge…is there any issue?
Which fund?
Franklin India Liquid Fund
I bought axis on Monday . Received yesterday evening. Anyway wait for response from serndha.
Sorry zerodha
but did you try pledging?
I planned to pledge next month.
you may want to see if it appears in console - holdings as it doesn’t show me in list to pledge