A haircut is the percentage deducted from the market value of your pledged shares to arrive at the actual margin you receive. It is not a fee, it is a risk adjustment to account for potential price movements in the pledged stock. Example Priya pledges shares worth ₹1,00,000. The haircut […]
How Much Margin Will I Get?
The margin you receive depends on the market value of your pledged shares and the haircut applicable to that stock. A haircut is a percentage deducted from the current market value of your holdings. What remains after the deduction is your usable margin. Example Rahul holds shares worth ₹1,00,000 and […]
What Are the Charges for StockPlus?
There is no sign-up fee or subscription charge to activate StockPlus on your Samco account. The charges that apply are: Pledge and unpledge requests – ₹30 + GST per request This flat charge applies to every pledge or unpledge request, regardless of the value of securities involved and whether you […]
Who Can Use StockPlus?
Any Samco account holder with eligible holdings in their Demat can use StockPlus. There is no separate sign-up fee or application process. What you need: An active Samco trading and Demat account Eligible holdings – equity shares, ETFs, or approved mutual fund units Holdings must be free and unencumbered not […]
What is StockPlus?
StockPlus is a Samco facility that lets you generate trading margin by pledging the shares already sitting in your Demat account without selling them or adding fresh cash. Once you pledge your eligible stocks, ETFs, or mutual fund units, the margin generated against them can be used for intraday or […]
Where Can I Refer to the MTF Policy Note?
If you want to understand the full terms and conditions of the Margin Trading Facility, Samco has a dedicated policy note that covers everything in detail from eligible stocks and margin requirements to interest rates, pledging rules, and auto square-off conditions. This document is useful if you want to know […]
Can I Use Profits from My MTF Trades to Buy More Stocks Under MTF?
Yes. Once you close an MTF position, the proceeds are settled as follows: The funded amount is repaid to Samco Accrued interest is deducted The remaining balance your original margin plus any profit is credited to your account You can use this credited balance as margin for a new MTF […]
Can I Use MTF to Invest in Mutual Funds or ETFs?
MTF applies only to equity stocks in the cash segment. It cannot be used to buy mutual funds through the regular SIP or lump-sum route.
What Is the Procedure If I Want to Hold MTF Positions Beyond the Standard Holding Period?
MTF does not have a fixed holding period. Your MTF subscription is valid for life, so you can hold a position as long as you want. To keep a position open, you must: Maintain sufficient margin in your account at all times Ensure there is no outstanding shortfall on your […]
How Is the Interest on the Funded Amount Calculated?
MTF charges 0.05% per day on the amount funded by Samco only on the borrowed portion, not on your margin. Example Total purchase value: ₹50,000 Your margin: ₹10,000 Samco funds: ₹40,000 Daily interest: 0.05% of ₹40,000 = ₹20 per day This charge applies every day you hold the position, including […]
Easy & quick