Hi All,
I have some investment in shares in my demat account for long term goal achievement. Also, I trade on intraday and delivery basis. But, sometime get short of margins for trading. I am thinking to pledge these investment shares for long term(say 5 to 10 years) and enjoy the margin benefit.
I have few questions now:
- Is it a good idea to pledge my shares which I brought as long term investment?
- Is it good idea to pledge these shares for long terms say 10 years? Do I enjoy all benefits like dividend, bonus etc.?
Is there any flaw in this idea of pledging shares? Please suggest.