Can I get Limits to trade against my Mutual Fund Holdings?
Yes. You can. Depending on the type of mutual
funds and their features, we have categorized Schemes, where the holdings can
be used to give you an additional limit to trade in Equity markets.
- The limit provided will be a percentage of the
holding depending on the category of the fund. For example Liquid funds can
give you a 100% limit.
- Therefore a holding of 1 Lac in mutual funds
can allow you to trade in stocks up to Rs. 1 Lac.
- However any payments to be made for delivery of
the shares that you buy must be transferred by you within the settlement
- Many customers also prefer to redeem their
mutual fund units when they wish to pay for stocks that they have bought.
How to add funds in the Mutual Fund Ledger?
You can add funds in the Mutual Fund Ledger using the following ways: 1. UPI You can add funds using UPI ID linked to the selected bank account. There are no additional charges for payments through UPI. Follow the steps: Login to 5paisa Mobile App >> ...
What is the difference between Mutual Fund and SIP?
Mutual Funds are investment instruments that collect investors money and invest in various securities in order to get returns on the investments. The money invested is managed by a professional fund manager. SIP is just a way of investing a fixed ...
How to Unpledge mutual fund?
Currently to unpledge mutual fund units, the customer will have to raise a ticket HERE with a request to unpledge with relevant details. The cutoff time for unpledge will be 3:30pm. Request placed after 3:30pm will be processed on the next day. The ...
What is pledging in Mutual fund?
Customers can now pledge their mutual funds for collateral margins. The margin received from pledging i.e. collateral margin can be used for trading Equity Intraday, futures and options writing.
What is NAV? What NAV will I get if I invest today?
Every Mutual Fund Scheme option has a NAV, which indicates the price of a single unit. Mutual funds are allotted in units. When you invest 10000 and per unit NAV is 10, you will get 1000 units. This is for ease of buying and selling and understanding ...