MF Pledge / Unpledge
Pledge / Unpledge Mutual Funds
Your pledgeable value is calculated based on the latest Net Asset Value (NAV) of your mutual fund units and a risk-adjusted haircut percentage. Here’s how it works:
Example:
You have 100 units of a mutual fund
The NAV is ₹20
Total value = 100 × ₹20 = ₹2,000
Haircut is 10% → ₹200 is deducted
Pledge-able Value = ₹1,800
So, after the 10% haircut, you get a margin of ₹1,800. The higher the risk of the fund, the higher the haircut applied.
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