Margin Funding

Why are my profits from MTF are not available in current limits?

As per regulatory guidelines effective from August 23, 2024, any profit earned from Intraday, Bracket, and Pay Later (MTF) trades will be available for use only after market hours on the same day. The profit amount can then be used for trading on the next trading day (T+1 day) or for placing overnight orders.

Example:

On August 19, 2024, you bought stocks worth ₹50,000 using MTF.

On August 23, 2024, you sold them for ₹60,000, making a profit of ₹10,000.

Under the revised guidelines, this ₹10,000 profit will be added to your trading limits after market hours on August 23.

The amount can be used for trading only on August 24, 2024 (T+1 day).