Margin Funding

What are the different action options in the MTF page?

There are three different options under the Actions Column.

1. Sell
2. Add Margin
3. Convert to Delivery

Sell: The Sell option allows you to sell/square off/exit your position in the stock. You can select the quantity and the type of order(Limit/Market) and click on Square off to exit your position.

Add Margin: When the LTP( Last Traded Price) of the stock goes below the Trigger Price specified for the stock, the system will start to automatically close that position to the extent of shortfall in margin amount.
To prevent this you can select Add margin option and enter the amount you want to add to the position. This will reduce the Trigger Price of the position and ensure that your position is not automatically squared off.

Covert to Delivery(CTD): When a stock is bought in MTF, you can either hold it or pay the full amount and take delivery of the stock in your demat account before the expiry date.
Clicking on the 3 dots under the Action column shows the Convert to Delivery option. In this action, by paying the remaining outstanding amount you can take delivery of MTF position to Demat account.

CTD can be done on the same day before 3:30 pm or after the pledge confirmation for MTF position next day.