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Hey @siva , My father obtained retired lately and he was asking me about his cash to speculate someplace (as he know I m into finance)…
My question is that if I make investments his cash(lumsum)in MF which could be pledged, after pledging can I opted for SWP each month…and in addition do some choice promoting Intraday utilizing obtainable pledged margin ?
Thanks.
Abhisek_Kumar:
My question is that if I make investments his cash(lumsum)in MF which could be pledged,
Why you wish to pledge your dad’s retirement cash? I personally opine one ought to simply avoid fno with that cash.
Abhisek_Kumar:
after pledging can I opted for SWP each month…
Guess that’s not attainable as soon as pledged. @Neelesh are you able to verify.
Abhisek_Kumar:
additionally do some choice promoting Intraday utilizing obtainable pledged margin ?
My private opinion is one ought to STAY AWAY FROM FNO with dad’s retirement cash. However yeah one is allowed to do.
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As of now pledged items cant be redeemed, we’re engaged on this mechanism to permit redemption for pledged MF items much like how now we have accomplished for Fairness.
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