As per SEBI regulations, shares bought under MTF are Automatically Pledged and will appear in your portfolio under Holdings from the next trading day.
Margin Trading FacilityNot all stocks qualify for Margin. Only specific stocks approved by Lakshmishree and the exchanges can be bought using margin funding.
Margin Trading FacilityTo exit a position bought using MTF, you simply need to Select 'MTF' As The Order Type while selling the shares.
Margin Trading FacilityLakshmishree charges Delivery Brokerage for Margin Trading Facility (MTF) orders.
Margin Trading FacilityLakshmishree charges ₹15 plus GST per ISIN for each pledge or un-pledge request.
Margin Trading FacilityYes, you can place BTST (Buy Today, Sell Tomorrow) Trades using MTF.
Margin Trading FacilityLakshmishree’s Risk Management System (RMS) may liquidate your MTF holdings under the following conditions:
Margin Trading FacilityMTM coverage is a key risk measure used in margin trading. It indicates the percentage of margin cover available against the funded amount.
Margin Trading FacilityYou can activate the DDPI (Demat Debit and Pledge Instruction) facility through the REKYC Section on the official website of Lakshmishree
DDPILakshmishree does Not Charge Any Fees for enabling DDPI (Demat Debit and Pledge Instruction).
DDPI