MF Pledge / Unpledge
Pledge / Unpledge Mutual Funds
No, you cannot pledge and unpledge the same mutual fund units on the same day due to the way the pledging process works with the Central Depository Services (India) Limited (CDSL).
This process involves several steps: initiating the pledge request > acceptance by the pledgee (your broker) > and final confirmation by the depository.
Due to these procedural steps and system processing timelines, it's not possible to unpledge the same mutual fund units on the same day they were pledged.
You can only unpledge your mutual fund units on next day once the pledge request is confirmed
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