Hey Trader
Do you know, You can now pledge almost 4000 approved securities (Stocks, Exchange-Traded Funds (ETFs), Sovereign Gold Bond (SGB), Mutual Fund (MF), Government Securities (G-Sec) to get collateral margin which can be used for trading futures and options on equity and currency.
The margin against each type of collateral, however, will be made available after a haircut, to mitigate the risk of a fall in the price of the asset you’ve pledged, and the amount of haircut also varies within the asset type.
How do HNI TRADERS make money ?
So usually, what HNI Traders do, they park their money in any of such instruments which is paying them 5 to 7% interest and they pledge that security as a collateral and they trade and whatever the trading profit comes, they make an extra 5 to 7% on that.
For Example: You can pledge Sovereign Gold Bonds (SGBs) to get collateral margin at SAS Online. The collateral margins will be received after a (%) of deduction called a haircut. So for SGB hair cut is 10%, For every ₹ 10,00,000 worth of Sovereign Gold Bond (SGBs) pledged, you will receive a collateral margin of ₹ 9,00,000.
With SAS Online you can pledge your Stocks, Bonds, Mutual Funds, Gold Exchange-Traded Funds, Fixed Deposits and Government Securities to get collateral for you to trade.
In order to get margin one need to activate Stock+ service, for that write a mail on support@sasonline.in
Here is the list of 4000 approved securities (Stocks, ETFs, SGB, MF, G-Sec)
Happy Trading with SAS Online - BY TRADERS FOR TRADERS
Extended Trading Hours - Real Need of the Hour?
18 March 2023
How to check holding from NSDL | Register IDeAS Facility of NSDL
21 February 2023
5 Books to read to become a PRO Trader
30 January 2023
Get started today to really enjoy your trading experience. Fill in your details, connect your bank account & upload your documents.
Open Trading Account
Please let me know whether SBI Long Term Equity Fund is in your list or not?
Nitin Kumar NK408 (January 4, 2023 at 08:03pm)
https://docs.google.com/spreadsheets/d/1oBAByknMHEgxVhaakMy8qH9W4f4pMyzGDw87erG-CeM/edit#gid=1624696541
Anoop (January 5, 2023 at 03:07pm)