Mutual funds missing from pledge list

Lots of debt funds are missing from the Zerodha approved pledge list.

Please refer https://www1.nseindia.com/content/nsccl/nsccl_cm_ann_mf.zip for the approved list by NSE. For e.g. all the short term and ultra short term debt funds are missing. There might be many more.

@nithin @siva Kindly request you to update the Zerodha list.

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We update list once a month, can you name few ISINs or names of those funds which were missed by us?

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To list a few, below are the scripts. However, the complete list is avl at the link https://www1.nseindia.com/content/nsccl/nsccl_cm_ann_mf.zip

Symbol ISIN Scheme Name
AXISSTD1D INF846K01RH5 AXIS SHORT TERM FUND DIRECT REGULAR DIVIDEND PAYOUT
AXISSTD1R INF846K01RI3 AXIS SHORT TERM FUND DIRECT REGULAR DIVIDEND REINVESTMENT
122D INF917K01HS2 L&T ULTRA SHORT TERM FUND DIRECT PLAN - GROWTH
RELSHODPDP INF204K01B40 Nippon India SHORT TERM FUND DIRECT PLAN IDCW PLAN IDCW PAYOUT
RELSHODPGP INF204K01B32 Nippon India SHORT TERM FUND DIRECT PLAN GROWTH PLAN GROWTH
RELSHODPQD INF204K01B65 Nippon India SHORT TERM FUND DIRECT PLAN QUART IDCW OPTION IDCW PAYOUT
RELSHODPQD INF204K01B73 Nippon India SHORT TERM FUND DIRECT PLAN QUART IDCW OPTION IDCW RINVST
USTDG INF903JA1HZ5 SUNDARAM ULTRA SHORT TERM FUND DIRECT GROWTH
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Do you have link for Equity as well? Zerodha doesn’t allow REITs( EMBASSY,MINDSPACE) as well even though they are highly liquid

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Are they allowed by clearing corporation?

@Nakul Can we check.

Both the REITs are not listed in the approved security list for pledging.

Thanks , How did you check that ?Any links handy to check in future.

Check here - https://www1.nseindia.com/products/content/equities/equities/homepage_eq_monthly.htm

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Not as handy as the above link but you can also refer to circulars titled “Revised list of Approved Securities and Approved Banks” on the NSE website. It contains a single Excel file with information about approved Stocks/MFs/SGBs/G-Secs/T-Bills/Bonds. It also contains an additional data point about whether a security is part of the cash component or non-cash component. These circulars are released once a month (around the 20th of the month). They are released separately for each market segment (like F&O, Currency, etc) but usually contain the same list.

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All the instruments you’ve mentioned here are already approved for pledging by us. Please have a look at our approved list once.

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Thanks for the response. I was referring at the Cash Component sheet. Why are debt funds (that too Ultra Short Term) listed in Non-cash component ?

That is decided by clearing corporation for their own reasons.

Hey @Nakul, can you add Motilal Oswal S & P 500 Index Fund direct (INF247L01AG2) to Zerodha’s approved security list as well? It’s there in the clearing corporation’s list which came out today: NCL/CMPT/48682

This had been approved previously as well but never got added to Zerodha’s list, hopefully will be done this time…

Yes, this will be added for the month of July.

Don’t see it being added to the Zerodha July list which came out today, @Nakul.
It should really have been added automatically but why has it not been added despite continuously asking for it? The below post is from May:

@Nithin, again have the same question for you:

As nakul replied we update this list once a month normally, ideally if that is allowed we should allow from today, @Nakul is checking and will update here.

You should be able to pledge this now.

The S&P fund you’ve spoken about was allowed by the exchange from this month. Hence, we update our approved list of securities at the start of every month. MF’s are added after confirming the market-wide limit and the member-specific security limits. There are a few other checks we perform in the backend before allowing any security to pledge. You can expect new securities to be added by the 2nd or the 3rd working day of every month.

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Please add this fund to approved list for pledging AXIS GROWTH OPPORTUNITIES FUND - DIRECT PLAN Coin by Zerodha