Delivery to MTF conversion

Feature Requests āœ‹
1

I want to understand if Dhan would allow Delivery to MTF conversion at some stage. I have following use case in mind as a systematic trader.

I have strategies which can take up to Rs. 170 exposure for Rs. 100 capital I have. However, this exposure is not consistent and varies between 0% - 170% based on market conditions and average exposure is ~Rs 90. I want to make sure I do not incur MTF interest when my capital is sufficient but not miss opportunities where increased exposure is required. So, I would like to free up the capital using MTF when such opportunities crop up.

Admittedly, I do not understand MTF fully, so please let me know if such feature already exists or if same can be achieved through other means.

Thanks.

2

Hi @irrational.mind ,

Happy to share that something on these lines will be live soon. You will be able to convert your shares to MTF from other product types & vice versa shortly.

Thanks,
Pranita
Product @ Dhan

2 Likes
3

Hi Pranita,

Just checking if this feature to convert the existing delivery trades to MTF is online and available?

Thanks

4

Hi @jaison ,

Yes, this is live. Try it out!

Thanks,
Pranita

1 Like
5

Thanks Pranita, just to confirm, I have some delivery stock in my demat from past few days of purchase, can I convert it in to MTF?

Tried searching in both mobile and Dhan web.

7

Hi @Anushka_Sen, welcome to MadeForTrade!

please refer below announcement for detailed info

8

Hi Mohseen

I had a query regarding the conversion of existing delivery holdings to MTF.
Specifically, Iā€™m referring to stocks that are already part of my portfolio, not new purchases or open positions.

Is it possible to convert these to MTF as of today?

Thanks

9

Hey @jaison ,

Only open positions can be converted to and from MTF. MTF holdings can be converted to delivery but vice versa is not possible .

Thanks,
Pranita

1 Like