{"id":6653,"date":"2020-10-26T18:14:58","date_gmt":"2020-10-26T18:14:58","guid":{"rendered":"https:\/\/www.samco.in\/knowledge-center\/?post_type=ht_kb&p=6653"},"modified":"2026-04-06T09:37:36","modified_gmt":"2026-04-06T09:37:36","slug":"what-is-stockplus-and-how-to-subscribe-it","status":"publish","type":"ht_kb","link":"https:\/\/www.samco.in\/help-support\/article\/what-is-stockplus-and-how-to-subscribe-it\/","title":{"rendered":"What is StockPlus? and How to subscribe it"},"content":{"rendered":"\n
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Before starting to understand what is StockPlus<\/strong>, let us have a look at what is trading with margin against shares:<\/p>
What is trading with margin against shares and mutual funds?<\/strong><\/h3>
As a normal practice, limits for trading in the stock market are given only against bank funds i.e. funds transferred from a client\u2019s bank account. Using the money transferred from the bank to his trading account, a client can trade in all segments.\nHowever, the majority of the funds of a client are invested in stocks and mutual funds. Thus the money gets locked and even though clients have assets in the form of shares and mutual fund holdings, they are not able to make new trades. Thus to unlock this value hidden in the stock and mutual fund portfolio of a client, a client can pledge his shares and mutual funds to avail trading limits against these holdings. This concept of availing margin against pledged shares and mutual funds held in one\u2019s demat account is known as \u201cMargin Against Shares<\/strong><\/a>\u201c. The cash margin required for trading is substituted with shares.<\/p>
All the client needs to do is to pledge his shares with the broker to avail the credit against them. The broker will deduct a portion known as a\u00a0haircut<\/strong> to adjust for the risk due to price fluctuation of the stock. For example, if a client has 10 shares of Reliance at a price of Rs 1000 making the total portfolio value of Rs 10,000 and the haircut is 40%, the client can get limit for only 60% of the total value of the shares i.e. Rs 6000. The client can trade for further Rs 6000 in his account.<\/p>
If there are\u00a0any debit or losses in the client\u2019s account, such shortfall can be later adjusted by selling the pledged shares. All corporate actions for the shares like bonus\u2019 or dividends belong to the client.<\/p>
As all investors know, it is difficult to meet margin obligations when a large part of your Capital is locked up in shares lying in your\u00a0Demat Account<\/a>. This causes many traders & investors to scale down their trading or even lose out on trades that could have been immensely profitable!<\/p>
Let us bring to you the perfect solution:\u00a0SAMCO StockPlus!<\/p>
What is StockPlus?<\/strong><\/h2>
StockPlus<\/strong> is a complete margin-against-shares and mutual funds product that provides trading limits against your shareholdings for intraday and positional trading in the equity derivatives and currency derivatives segment.<\/p>
With this product, you can use your Samco account virtually as a\u00a0Zero Balance Trading Account<\/a><\/strong>.<\/p>
What can we do with StockPlus?<\/strong><\/h2>
Trade with Margin against shares with zero cash balance in the equity derivatives and currency derivatives segments (both intraday and positional trades) and also in the cash market segment (via bracket order and cover orders) with zero cash collateral ratios while initiating trades. You can initiate trades in options too with margin against shares (both long and short options - intraday and positional basis). You can sell your pledged holdings in real-time by placing a real-time sale request. You don't need to un-pledge holdings the previous day to sell them<\/p>
With SAMCO StockPlus, you can get margins against shares you own to trade for Intraday trades and Positional trades.<\/p>
You can initiate\u00a0trades<\/a>\u00a0even if the cash available in your\u00a0trading account<\/a>\u00a0is ZERO! Yes, that's correct! You'll get trading limits against your shareholdings only to trade across all segments. There's no requirement to maintain any cash\/collateral ratios. StockPlus is a complete\u00a0ZERO Balance margin against shares and mutual funds trading account<\/a>.<\/p>
\"This<\/figure><\/figure>
Highlights of the StockPlus Product<\/strong><\/h3>