How to Unpledge the mutual fund?

How to Unpledge the mutual fund?

To avail Mutual Fund Unpledge facility as collateral for taking a derivative position, follow the path mentioned below-

Through Web:

Login to 5paisa Web >> Tap on mutual fund and click on holdings >> Click on the Unpledge button/tab and select the mutual fund scheme that you wish to unpledge against collateral >> Click on confirm button

Through App:

Login to 5paisa App >> User >> My Reports >> Portfolio >> Mutual Funds >> Holdings >> Pledge/Unpledge >> Click on the Unpledge button/tab and select the mutual fund scheme that you wish to unpledge against collateral >> Click on the confirm button

Once you select the units to unpledge, the required margin will be calculated and displayed on your screen. Then, you need to maintain the said margin in your ledger for the units to get unpledged successfully. 

Please Note: 
  1. It takes 24 to 48 hours for the mutual fund schemes to be unpledged
  2. The unpledge facility will be available from 8 am to 4 pm (Monday-Friday)
  3. No open position request will be placed in b/w 8Am to 4PM (Mon-Fri)

    • Related Articles

    • What are the charges for pledge and unpledge?

      Below are the charges with effect from 01st September 2020: Nature of transaction Applicable charges (Effective 01st Sept, 2020) Pledge for Funding Rs. 25 per scrip Pledge for Margin Rs. 12.5 per scrip Unpledge Rs. 12.5 per scrip Unpledge and Sell ...
    • How can I make Lumpsum Investment in Mutual Funds?

      To start your Lumpsum Investment in Mutual Funds via app or web, follow the steps given below- APP Login Log in to your 5paisa account Go to the Mutual Funds section Select Funds from our Popular Funds section or basket of funds based on your ...
    • What Brokerage does 5paisa Charge? How does 5paisa make money in mutual funds?

      To manage a fund, an AMC charges an expense ratio. It’s a percentage amount of the fund cost you pay to the AMC. Additionally, you may need to pay an exit load when redeeming a mutual fund. 5Paisa does not charge any brokerage on mutual fund ...
    • What is smallcase? How are they different from Mutual Funds?

      Smallcases are a new way to invest in stocks. A smallcase is an intelligently weighted basket of upto 50 stocks that reflects a theme, idea or strategy. Smallcases are centred around: A trending market theme like rising rural demand or A financial ...
    • What is the difference between Lumpsum and SIP in Mutual Funds?

      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 ...