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Leverage
Leverage
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Leverage

Margin money discrepancy

Hi, the margin money in Fyers Span Calculator showed 2L for my positions but the actual margin taken was 2.4L. Please can you explain why there is such a huge discrepancy?

Can I pledge shares from my Demat A/C with a different broker in favor of FYERS to avail margin benefit to trade?

What happens to my mutual funds when they are pledged?

Suppose if I buy Axis Midcap Fund - Direct Plan - Growth and pledge it for margin, what happens to this fund? Will it continue to grow/perform as it is originally?

Are there any costs for unpledging? Can you suggest... (More)