What is the ETA for conversion of MTF position to CNC?
And what is the ETA for adding money to MTF position to reduce the funded amount and interest thereon?
It’s been about 4 months since the feature has been requested for the first time. You’re already pledging and un-pledging securities in order to provide collateral margin. It shouldn’t take much time.
Two weeks.
No plans to do this as of now, user can only convert to CNC.
So, just for clarification, we will be able to convert partial quantity to CNC.
Suppose if I hold 100 shares under MTF, I can convert 50 of them to CNC and the remaining can be held under MTF. Is that right? @siva
Right.
Zerodha should prioritize MTF to CNC conversion as market scenario is currently unfavorable to investors and may require convert thier holdings with full cash buyout instead of getting it sold due to margin insufficiency, zerodha doesnt allow same scrip to be bought for the day again to prevent demat debit by bearing minor intraday loss, thus it is clear cut case of testing & unveiling a incomplete product to survive in the broking market as maybe zerodha is one of the brokers providing MTF service very late than others, and on the contrary the Zerodha is busy in unveiling the product which provides them hefty revenue (F&O brokerages) and ignoring important customer demands, this is unjust move by zerodha which tries to portray themselves as client friendly one which seems to be little blur by now ! Each and every time when the traders ask about the conversion facility the representatives give 2 weeks/ 1 week ETA each and every time and after a week this ETA gets revised with the same time frame !
I simply request you @nithin @Arockiya_Raja @Ragavendran_M @VenuMadhav to continue allow MTF to CNC conversion at war footing pace and temporarily keeping other features on the backseat
Ps.
I know i agreed to all T&C while availing MTF facility , but that doesnt mean i dont expect some business ethics which are openly diverted to a long route by prioritising upgrades that are revenue generating than MTF
Agree with you, I know I am saying we are working on it and we really are, give us one more week.
@siva. i dont know how zerodha has plans, but can we have option inside kite app to pledge holdings. And in future margin conversion to CNC also? Instead of going into console page.
Like user can go inside their respective holdings and there can be an option to directly pledge or cnc conversion.
Hope you understood my suggestion!!
For now one need to go to console, in future will take this up.
Okay 
Urgent Need for MTF to CNC Conversion, GTT for MTF & Trade from Charts – Stop Delaying Critical Features
Dear @Nithin, @Arockiya_Raja, @Ragavendran_M, @VenuMadhav, and the Zerodha Team,
I am writing to highlight the continued delays in essential features that investors and traders have been requesting for months, particularly:
1. MTF to CNC Conversion (Full Cash Buyout)
2. GTT Orders for MTF Holdings
3. Trade from Charts (TFC) for Better Execution
Given the current market volatility, investors and traders need these features urgently, yet Zerodha continues to provide vague ETAs that are never honored.
Key Issues & Concerns:
Lack of MTF to CNC Conversion – Unfair Risk to Investors
• Investors using MTF are unable to convert holdings to CNC by adding full cash, leading to forced liquidations due to margin shortfalls.
• Other brokers already provide this facility, making it clear that this is not a technical limitation but a lack of prioritization by Zerodha.
GTT Orders for MTF – A Long-Pending Request
• Despite repeated requests, Zerodha has not enabled GTT orders for MTF holdings, making it difficult for investors to protect their positions with stop-loss or target orders.
• Why is a basic risk-management feature still missing?
Restriction on Buying the Same Scrip Again in a Day
• If an MTF position is squared off due to insufficient margin, investors cannot re-buy the same stock on the same day. This restriction causes unnecessary intraday losses and prevents efficient trade management.
Trade from Charts (TFC) – A Vital Execution Feature
• Many brokers offer Trade from Charts (TFC), allowing traders to place/modify orders directly from charts.
• Zerodha remains behind in providing this feature despite having an advanced charting platform.
Repeated ETAs with No Real Action – Lack of Transparency
• Every time traders ask about these features, Zerodha support gives a standard 1-2 week ETA, which keeps getting extended indefinitely.
• This is misleading and raises concerns about whether Zerodha is truly prioritizing customer needs.
Unjust Prioritization – Focusing on Revenue-Generating F&O Features Over Investor Needs
• While critical features for investors (like MTF to CNC conversion, GTT for MTF, and TFC) are delayed indefinitely, Zerodha is actively launching F&O-related upgrades that drive higher brokerage revenue.
• This selective prioritization raises serious questions about Zerodha’s commitment to its retail investors and traders.
⸻
Immediate Requests to Zerodha:
Implement MTF to CNC conversion immediately – Investors should not be forced into liquidation when they have the funds to convert holdings.
Enable GTT Orders for MTF – A basic risk management tool that every serious investor needs.
Introduce Trade from Charts (TFC) – A standard feature that traders need for seamless execution.
Provide a clear and final ETA for these updates instead of misleading “1-2 week” timelines.
⸻
I understand that I agreed to all T&Cs while availing MTF, but introducing an incomplete product without basic functionalities and continuously delaying crucial updates is unethical.
@Zerodha team – If you truly believe in a “client-first” approach, prove it by prioritising these essential features as early as possible.
Looking forward to a clear and committed response from the team.
These two are on our priority list, should happen very soon.
This will take sometime.
Hi @Shubha_dip ,
You can use the ATO feature until the GTT is released for MTF, as it functions the same way. For example, if you have SBIN in your MTF holdings and want to sell it when SBIN falls below 680, you can use the ATO feature as follows -
May be by end of 2030?
say I have 100 share of RIL under MTF. out of it I have sold 25 Shares. Therefore in position pages, it shows as sold shares under MTF of 25 shares of RIL. Now price drop suddenly, therefore I want to buy and close same position, which mean I will buy 25 Share of RIL under MTF. I am having enough cash balance also than also Zerodha did not allowed me to purchase 25 Share of RIL under MTF. Why?
We have kept it that way to cover few edge cases internally. You can buy in cnc though.
You can indirectly by changing quantity, for ex if we give 4 times leverage then you can buy 1 lakh worth with 25k, for example take 1 share is 1000 rs, you can buy 100 quantity with 4 times leverage, now if u want only 2 times leverage then buy 50 quantity with your 12.5k and leave rest 12.5k as free cash.
Well, in right spirit, this is not the correct rely. If I have sold in MTF, why would I buy in CNC. It will block my more cash. Also, this way system do not work. If a particular person works his strategy in CNC or MTF than he will follow accordingly, he will not change again and again. In my opinion MTF should purely work as intraday system in which there should not be any restriction.
Agree with you, but to cover some edge cases we have kept it that way, will check with team if we can do something about this.
How?
As the margin blocked would be 25% which would be 6250 and interest charges will be on remainig 75%. What is the point in having free balance if u have to pay interest
