Yes, when you add funds from your bank account using the payin option on Kite, this amount reflects under payin column in the Kite funds page… It also gets added to the margin available to trade.
Margin used has many elements to it depending on the kind of trades you execute. Margin used will be positive if there is a debit of money from your account and margin used will be negative if there is a credit of money to your account. The formula used in Kite is:
Margin available = Total account value + Margin used
I’ll list out the different elements in margin used in the hope of not confusing you:
- If you buy shares for holding, then funds are debited from your account. If you sell shares from holdings, then funds are credited to your account.
- If you take an intraday trade, then margin is used for this trade, funds are debited. When you close the intraday trade, then the blocked margin is released back into your account.
If your intraday trade resulted in a profit, the profit is credited to your account. If it resulted in a loss, then the loss is debited from your account.
- If you take an F&O carry-forward trade, then margin is again used in your account.
[quote=“Kuldeep_Tudu, post:1, topic:20259”]
Total account value is your Ledger closing balance as of the previous day.
Once you sell shares from your Holdings, the stocks will be debited from your account at the end of the day and the holdings will not show in your account from the next day.
MIS is a leveraged product type with the validity of 1 day only, as in all your MIS positions have to be closed before 3.20pm on the same day. Depending on the stock, you get a margin of 3 times to 14 times for MIS trades.
This is the MIS margin multiplier list for Equity.
After you buy shares, it takes a bit for the margin to update in your account. You can visit the funds tab on Kite and you will see the correct margin available. It will also be updated on your dashboard after that.
Now that you know all of this, it’s not a problem anymore.