Is it possible to initiate STP from pledged units if Mutual funds ? Let’s say one initially pledges Motilal Oswal Liquid fund and does a STP to Motilal Oswal Midcap over next 6 months ?? Units are pledged for f&O trading …full limit not utilised also but need to keep buffer
Hi @Nitin_Bhasin as far as I know you cannot sell pledge mutual funds without unpledge, so in this case STP cannot be done successfully, bez its and mixture of SWP and SIP, it means on the transaction date the order will get rejected.
In mutual funds you have unpledge and then only you can redeem.
I also looked into there support article and found that they have mentioned the same about pledge mutual funds sale.
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