@nithin @siva @ShubhS9 SEBI says Intraday margin will be VaR+ELM But, why Zerodha calculates margin upon VaR+ELM+Adhoc margin?
I understand that now you take 50% of that…But after next year the margin will be huge Ex : In BPCl VaR+ELM is 24.98 But VaR+ELM+Adhoc is 44.02
Adhoc is temporary but has to be collected upfront, comes and goes, varies with each scrip, few won’t have it,anyhow minimum is 20% so one will get at least 5 times leverage irrespective of var+elm.
@siva Thank u boss But one thing is this 20% applicable after 4th phase leverage deduction?
From sep 1st for equities.