Niftybees plegde

Collateral margin received against pledge of liquid bees, will be considered as cash equivalent. So if you have collateral margin of Rs 70000 from pledging liquid bees, you can take a position upto 70000 and not be charged interest . Is it applied to niftybees as well or for niftybees 50% of margin should be in cash for overnight position.

NiftyBees aren’t considered to form part of the cash component by the Exchange, hence you cannot receive the same benefit that you would receive for Liquidbees/Liquid Mutual fund.

These are the only instruments considered part of the cash component.

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Ty sir :slight_smile: