I have 2 equity based Mutual Funds (Arbitrage & Sector) in COIN.
I was hoping to pledge the same for margin requirements but unable to do so. I was under the impression that starting Aug, we would be able to pledge Equity Mutual funds too (not just liquid /overnight) to meet margin requirements.
Obviously when we are able to pledge stocks, it makes no sense to not-be able to pledge equity based Mutual Funds.
I want to pledge equity based mutual funds, will it be available from 1 sept 2020 or i need to wait more.
Clearing corporation allow many equity fund for pledge, but Zerodha list show only liquity funds,
Where did you get the list of equity funds allowed for pledging by clearing corp? Please share the link. It makes less sense that clearing corp would allow single stocks for pledging (risky) but disallow equity mutual funds (less risky)