Why loan against securities not available for ELSS funds?

In Zerodha capital’s approved list of securities. why ELSS funds are not included? if its becz of lock-in, why cant they allow it after 3 years? I could see other equity funds like Bluechip funds are approved

If a client defaults then they will sell the collateral to cover up their losses but the same thing cannot be done wih ELSS as it has a lock in period.
This is the reason i think.

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