When will Parag Parikh conservative hybrid fund be in the approved list?

[Prayag]

Currently, the Clearing Corporation doesn’t seem to have allowed pledging for that particular Mutual Fund. You can confirm that by checking the latest circular titled “Revised list of Approved Securities and Approved Banks” (Annexure 5 within that circular) on the NSE website. This circular is released once a month (around the 20th of the month). Once the Clearing Corporation adds a new Mutual Fund to the approved list, those get added to Zerodha’s approved list after some time. This post explains the process behind that -

@Nakul

We update our approved list of securities at the start of every month. MF’s are added after confirming the market-wide limit and the member-specific security limits. There are a few other checks we perform in the backend before allowing any security to pledge. You can expect new securities to be added by the 2nd or the 3rd working day of every month.