Dear Customer
On the daily basis, we provide 2X exposure in the derivative segment for all our customers. This is the maximum exposure limit allowed under the new SEBI guidelines. Of the 2X exposure, 1X is funded by clients in the form of Cash or collateral or both. The balance 1X is funded by us. We in turn take funds from banks/NBFCs and internal accruals.
As the upcoming expiry is due on April 1st, which also happens to be a bank holiday, we will not be able to arrange funds from banks. Hence, we will only be able to provide 1X exposure on the expiry day in the derivative segment. Cash segment exposures will remain the same with no change.
In case you wish to take more exposure, you would be needed to Pledge as much securities as you can. We have also added more than 750 Mutual fund schemes as a part of the approved list for pledging. An email will be sent to individual clients with the approved list along with an option to pledge those approved mutual fund schemes for instant margin benefit.
Warm Regards,
5paisa Team