IDBI MF schemes are going to be merged with corresponding schemes in LIC MF schemes.
I had some IDBI Debt MF pledged with Zerodha – I noticed they obtained unpledged on 28/7 (Friday) –
what is going to occur to my margin on 31/7 (Monday) ?
will the merged LIC MF items get routinely pledged on 31/7 (Monday) ? although couldn’t discover wherever by when I’ll obtain the LIC items.
I didn’t obtain any notification that one in every of my underlying goes to get unpledged (fortunately I nonetheless produce other issues pledged and my current place requires low margin which remains to be coated), did Zerodha deliberately not attain out to me (as a result of I’d have had sufficient margin) ? what would have occurred if I nonetheless wanted larger margin ? would Zerodha have closed my positions or began charging penalty ?
Now on the query of holding interval
I used to be holding the debt fund for near 2 years, will I be liable to pay STCG in FY23-24 or I’ll carry on holding the inventory and my holding interval will likely be 2yrs.+ solely going ahead or will it reset to 0 as soon as I get LIC MF units- its not clear what occurs right here – any hyperlink or previous reply will likely be useful right here.
@ShubhS9 @Bhuvan please assist right here