Yes. If you placed a regular intraday (MIS) order and later decide to hold the position, you can convert it to MTF.
How to convert
- Go to the Position Conversion window in the Samco app
- Select the position you want to convert
- Switch the product type to MTF
- Confirm the conversion
Important:
- This must be done before 3:15 PM on the same trading day
- Make sure you have sufficient margin in your account before converting
- Once converted, daily interest will start accruing on the funded amount from the next day
Easy & quick
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