Zero Balance in Trading A/c with Pledged Mutual Funds

If I have Zero Balance in my Zerodha Trading account but 1Lakh worth of Pledged Mutual Funds in Coin , can I trade something ?

Without cash or cash collateral, you cant trade F&O.

And Intraday in cash/futures segment ? Delivery ?

It should be possible to trade in intraday cash/futures using it (Mentioned in a support page) -

The margin received from pledging i.e. collateral margin can be used for trading Equity Intraday, futures & options writing.

But not for overnight F&O positions -

Exchanges stipulate that for overnight F&O positions, 50% of the margin needs to compulsorily come in cash and the remaining 50% can be in terms of collateral margin.

Also check this thread

1 Like