Niftybees as Collateral

Trading
1

Hello Experts,

I have question regarding using Niftybees or any ETFs as Collateral.
I am aware there is some haircut after which the entire margin is available.
But due to recent SEBI regulation, Is Liquidbees or any ETF’s are considered as cash equivalent or not ? Or do we still need to maintain 50% as cash margin like stock collateral?

Can someone please clarify this?

I would like to use this margin for positional Option selling with hedging.

Thank you

2 Likes
2

Open the ‘Google Sheet’ in the following link, every information is given here.
And Zerodha regularly updates it.
https://support.zerodha.com/category/mutual-funds/about-coin/articles/can-i-pledge-my-mutual-fund-investments-to-get-margins
P.S. There is also a search option on this forum where you can view related queries.

2 Likes
3

Thank you @Stonecold.

One last question is liquid MF is also considered cash equivalent?

4

Did you check the Google Sheet? :slightly_smiling_face:

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2 Likes
5

I am unable to pledge liquidetf f in console. Pledge options is not showing there while the unit is credited to my account or is there any minimum limit for it to be pledged.

1 Like
6

Dear All,

Do all brokers allow NIFTYBEES as collateral? Axis direct, ICICI direct etc?