Haircut Reduced - Pledge Benefit Increased!

Market Announcements 📢
1

Hello Traders!

The markets seem to be in great action with NIFTY & SENSEX at all time highs. We are excited about markets and also about making trading opportunities for you better.

For your ease, we’ve lowered the haircuts by around 25% to 30% so that you can enjoy a greater margin benefit on your pledged securities as tabulated below. Take advantage and experience lightning fast trading on Dhan!

ETFs

Symbol ISIN Security Type Security Category Previous Haircut New Applicable Haircut Haircut Reduction (%)
ABSLNN50ET INF209KB16D7 Non-Cash Security ETF 8.00 6.00 25
AXISNIFTY INF846K01W98 Non-Cash Security ETF 8.00 6.00 25
AXSENSEX INF846K010Q0 Non-Cash Security ETF 8.00 6.00 25
BSLNIFTY INF209KB19D1 Non-Cash Security ETF 8.00 6.00 25
BSLSENETFG INF209KB10E8 Non-Cash Security ETF 8.00 6.00 25
DSPN50ETF INF740KA1CL0 Non-Cash Security ETF 10.00 8.28 17
DSPSENXETF INF740KA1SZ6 Non-Cash Security ETF 8.00 7.72 4
HDFCLOWVOL INF179KC1HU8 Non-Cash Security ETF 20.00 11.83 41
HDFCMID150 INF179KC1HT0 Non-Cash Security ETF 8.10 6.00 26
HDFCNEXT50 INF179KC1HS2 Non-Cash Security ETF 8.00 7.80 3
HDFCNIF100 INF179KC1HR4 Non-Cash Security ETF 8.00 7.30 9
HDFCNIFTY INF179KC1965 Non-Cash Security ETF 8.00 6.00 25
HDFCSENSEX INF179KC1973 Non-Cash Security ETF 8.00 6.00 25
HDFCSML250 INF179KC1FB2 Non-Cash Security ETF 8.00 6.00 25
HNGSNGBEES INF204KB19I1 Non-Cash Security ETF 10.00 8.17 18
ICICI500 INF109KC1V59 Non-Cash Security ETF 8.00 6.00 25
ICICIM150 INF109KC1G82 Non-Cash Security ETF 8.00 6.00 25
ICICIMCAP INF109KB1XT3 Non-Cash Security ETF 8.00 6.00 25
ICICINF100 INF109KA1962 Non-Cash Security ETF 8.00 6.00 25
ICICINIFTY INF109K012R6 Non-Cash Security ETF 8.00 6.00 25
ICICINXT50 INF109KC1NS5 Non-Cash Security ETF 8.00 6.00 25
ICICISENSX INF346A01034 Non-Cash Security ETF 8.00 6.00 25
IDFNIFTYET INF194KA1U07 Non-Cash Security ETF 12.03 10.06 16
JUNIORBEES INF732E01045 Non-Cash Security ETF 8.00 6.00 25
KOTAKMID50 INF174KA1IB3 Non-Cash Security ETF 8.00 6.88 14
KOTAKNIFTY INF174K014P6 Non-Cash Security ETF 8.00 6.00 25
LICNETFN50 INF767K01OS7 Non-Cash Security ETF 8.00 6.00 25
LICNFNHGP INF767K01PC8 Non-Cash Security ETF 8.00 6.95 13
MASPTOP50 INF769K01HP3 Non-Cash Security ETF 8.00 6.15 23
MID150BEES INF204KB1V68 Non-Cash Security ETF 8.00 6.00 25
MIDCAPETF INF769K01IC9 Non-Cash Security ETF 8.00 6.00 25
MOM100 INF247L01023 Non-Cash Security ETF 8.00 6.00 25
MOM50 INF247L01536 Non-Cash Security ETF 8.00 6.35 21
MON100 INF247L01AP3 Non-Cash Security ETF 8.00 7.13 11
MONIFTY500 INF247L01BU1 Non-Cash Security ETF 8.00 6.00 25
MONQ50 INF247L01AU3 Non-Cash Security ETF 8.00 6.02 25
NETF INF277K015R5 Non-Cash Security ETF 8.00 6.66 17
NEXT50 INF769K01FN2 Non-Cash Security ETF 8.00 6.00 25
NIF100BEES INF204K014N5 Non-Cash Security ETF 8.00 6.00 25
NIFMID150 INF789F1AYX9 Non-Cash Security ETF 8.00 6.61 17
NIFTYBEES INF204KB14I2 Non-Cash Security ETF 8.00 6.00 25
NIFTYETF INF769K01EG9 Non-Cash Security ETF 8.00 6.00 25
QNIFTY INF082J01028 Non-Cash Security ETF 8.00 6.00 25
SENSEXETF INF769K01KT9 Non-Cash Security ETF 10.00 9.70 3
SETFNIF50 INF200KA1FS1 Non-Cash Security ETF 8.00 6.00 25
SETFNN50 INF200KA1598 Non-Cash Security ETF 8.00 6.00 25
UTINEXT50 INF789F1AUW9 Non-Cash Security ETF 10.00 8.48 15
UTINIFTETF INF789F1AZC0 Non-Cash Security ETF 8.00 6.00 25
UTISENSETF INF789FB1X58 Non-Cash Security ETF 8.00 6.22 22
UTISXN50 INF789F1AUU3 Non-Cash Security ETF 10.00 9.65 4

Stocks

Symbol ISIN Security Type Security Category Previous Haircut New Applicable Haircut Haircut Reduction (%)
APOLLOHOSP INE437A01024 Non-Cash Security Stock 13.92 10.44 25
ASIANPAINT INE021A01026 Non-Cash Security Stock 12.50 9.00 28
AXISBANK INE238A01034 Non-Cash Security Stock 12.84 9.34 27
BAJAJ-AUTO INE917I01010 Non-Cash Security Stock 12.50 9.00 28
BAJAJFINSV INE918I01026 Non-Cash Security Stock 13.92 10.45 25
BAJFINANCE INE296A01024 Non-Cash Security Stock 14.16 10.66 25
BHARTIARTL INE397D01024 Non-Cash Security Stock 12.50 9.00 28
BPCL INE029A01011 Non-Cash Security Stock 13.39 9.80 27
BRITANNIA INE216A01030 Non-Cash Security Stock 12.50 9.00 28
CIPLA INE059A01026 Non-Cash Security Stock 12.84 9.36 27
COALINDIA INE522F01014 Non-Cash Security Stock 14.43 10.57 27
DIVISLAB INE361B01024 Non-Cash Security Stock 14.22 10.73 25
DRREDDY INE089A01023 Non-Cash Security Stock 12.50 9.00 28
EICHERMOT INE066A01021 Non-Cash Security Stock 13.45 9.96 26
GRASIM INE047A01021 Non-Cash Security Stock 12.50 9.00 28
HCLTECH INE860A01027 Non-Cash Security Stock 12.50 9.00 28
HDFCBANK INE040A01034 Non-Cash Security Stock 12.50 9.00 28
HDFCLIFE INE795G01014 Non-Cash Security Stock 13.67 10.18 26
HEROMOTOCO INE158A01026 Non-Cash Security Stock 13.39 9.89 26
HINDALCO INE038A01020 Non-Cash Security Stock 16.13 12.62 22
HINDUNILVR INE030A01027 Non-Cash Security Stock 12.50 9.00 28
ICICIBANK INE090A01021 Non-Cash Security Stock 12.50 9.00 28
INDUSINDBK INE095A01012 Non-Cash Security Stock 15.34 11.87 23
INFY INE009A01021 Non-Cash Security Stock 12.95 9.40 27
ITC INE154A01025 Non-Cash Security Stock 12.50 9.00 28
JSWSTEEL INE019A01038 Non-Cash Security Stock 13.79 10.25 26
KOTAKBANK INE237A01028 Non-Cash Security Stock 12.50 9.00 28
LT INE018A01030 Non-Cash Security Stock 12.50 9.00 28
M&M INE101A01026 Non-Cash Security Stock 13.54 10.03 26
MARUTI INE585B01010 Non-Cash Security Stock 12.50 9.00 28
NESTLEIND INE239A01016 Non-Cash Security Stock 12.50 9.00 28
NTPC INE733E01010 Non-Cash Security Stock 12.50 9.00 28
ONGC INE213A01029 Non-Cash Security Stock 14.11 10.44 26
POWERGRID INE752E01010 Non-Cash Security Stock 12.50 9.00 28
RELIANCE INE002A01018 Non-Cash Security Stock 12.50 9.00 28
SBILIFE INE123W01016 Non-Cash Security Stock 12.50 9.00 28
SBIN INE062A01020 Non-Cash Security Stock 12.50 9.00 28
SUNPHARMA INE044A01036 Non-Cash Security Stock 12.50 9.00 28
TATACONSUM INE192A01025 Non-Cash Security Stock 12.50 9.00 28
TATAMOTORS INE155A01022 Non-Cash Security Stock 15.26 11.73 23
TATASTEEL INE081A01020 Non-Cash Security Stock 14.52 11.01 24
TCS INE467B01029 Non-Cash Security Stock 12.50 9.00 28
TECHM INE669C01036 Non-Cash Security Stock 13.83 10.22 26
TITAN INE280A01028 Non-Cash Security Stock 12.50 9.00 28
ULTRACEMCO INE481G01011 Non-Cash Security Stock 12.50 9.00 28
UPL INE628A01036 Non-Cash Security Stock 13.25 9.71 27
WIPRO INE075A01022 Non-Cash Security Stock 12.50 9.00 28
BEML INE258A01016 Non-Cash Security Stock 21.21 21.02 1
VTL INE825A01020 Non-Cash Security Stock 50.00 25.00 50
2 Likes
2

Great!
Any plans to reduce ICICI Bharat 22 haircut? It is still at 20% !!!
SGB also still at 10%

3

@swatijain The minimum action we’re able to take is to utilize the haircut provided by the Clearing Corporation (CC). When the CC sets a 20% haircut for a security, for every Rs. 100 pledged, the client can only receive 80% of the benefit.

If we decrease the haircut to 10% (lower than CC’s), the system would enable the client an exposure of Rs. 90, resulting in a deficit of Rs. 10 (since CC allows margin utilization upto Rs. 80 only).