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Are there any additional funds required to convert my intraday position to delivery or carry forward a contract?

Well, that depends on which product your trading. Please refer to the below scenarios to understand the requirements to convert an intraday position to Deliver or Carry Forward a contract

  • Equity Cash:
    • Buy: Need to maintain 100% of the Purchase Amount
    • Short: Need to have stock in the Demat account - Cannot short a share otherwise for delivery.
  • Equity, Currency & Commodity Futures: Need to maintain Exchange Specified Margin
  • Equity, Currency & Commodity Options:
    • Buy: already paid the Total premium (Total Premium = Premium * Lot size) while buying so no need to maintain any amount.
    • Sell: Need to maintain Exchange Specified Margin.

 

Please Note*

  • Equity Cash positions can be converted to CNC within 3.15 pm provided adequate margins are available in the ledger.
  • Equity FNO & Index FNO(MIS positions) can be converted to NRML within 3:15 pm provided adequate margins are available in the ledger.
  • Currency FNO (MIS positions) can be converted to NRML within 4:45 pm provided adequate margins are available in the ledger.
  • Commodity FNO(MIS positions) can be converted to NRML within 11:15 pm provided adequate margins are available in the ledger.