Information about pledging

hello
things are not very clear to me about pledging of ETFs as following holdings were available till yesterday to be pledged but today it is showing that midcap 150 is not available to be pledged

apart from that cash and non cash component are not very clear to me, how to decided which one to keep in our holding for cash component, as when i kept liquid bees in my holding but it was shown as “no available for pledging”
so can you make this clear which ETFs are going to be in cash component and which one will be for non cash component and whether it will be available for pledging or no

1 Like

Hi @ankitch29

Nippon India Nifty Midcap 150 ETF is available for the pledge. We need to check your specific case. Could you please share your details in DM or at help@dhan.co.

Additionally, here is a list where you can find scripts categorized as cash components or non-cash components.

can you please tell me if i want to buy govt. bonds so that i can use them for pledging, how can i place an order for that as i tried buying one but response was “Response for Rejection
EXCH:17182: Security not traded market order not allowed.”
let me share the screen shot of it to be clear


i tried placing order for more than one time, so can you help regarding it.

Hi @ankitch29

It seems due to low volatility in this particular script the market order was rejected from the exchange end, you can place the limit order.

1 Like

i have seen in other posts that for pledging, the liquidity of a security to be pledged should be good. but in case bonds i have seen that hardly any G-sec is liquid.
so can i know the liquidity criteria so that i can choose G-sec bond to get the margin benefit by pledging.

@ankitch29

You can check the market depth to get an idea of buyers and sellers for placing market orders. Alternatively, limit orders should be good.

that i already know, but suppose i check the list published by you for pledging and i bought any gov bond which was mentioned there to get the benefit of cash margin
scenario 1- lets say the liquidity of bond is low, will it be available for pledging ???
scenario 2- it liquidity is good at the time of pledging but later on, its liquidity reduces then how is it going to affect the margin benefit.
please elaborate so that i can make decision accordingly

@Divyesh I was going through etf pledge list in dhan app. Why ICICI pru Nifty 200 Momentum 30 ETF is not there to pledge. It has a decent volume of 22Lakhs. Could you tell us whether we could pledge it or not. And if yes what is the haircut in this script.

Hi @amitranj

We have this scrip in our pledge list please check with ISIN (INF109KC17C7) or scrip name (MOM30IETF)

Where you can find out which all ETF we could pledge. Pledge list for ETF?
@Divyesh

Hi @amitranj

Please refer to this link to find the list of Equity, ETF, Bonds, and Gsec that you can pledge.

Thanks @Divyesh

1 Like

I can’t find
Mirae asset Nifty Midsmall 400 Momentum Quality 100 ETF
will you add it in future?

@iamshrimohan regarding pledge this ETF is not present. we cannot pledge this ETF. name is not there in the list.

@amitranj Once the ETF (or any security for that matter) is listed, the exchange adds it to their approved list of securities which are eligible for pledge. Exchange(s) usually does this activity between 20th - 21st - 22nd - 23rd of every month. So if the ETF (or any security for that matter) is listed by the issuer before these dates, then yes it will be available for pledge, else have to wait for the next month’s review cycle. Post that, we update the list on our end. Having said this, will check and let you know!

Thanks @iamshrimohan for explaining this.

@Divyesh, @iamshrimohan Why INF109KC17C7 is removed from ETF pledge list. Earlier it was their for pledging.

@iamshrimohan I can see very few ETF could be pledged in Dhan as compared to zerodha.
Also when Motilal nifty 500 momentum 50 etf will be available for pledge.

@Divyesh @iamshrimohan any timeline buy when these etf could be added in pledge list?

@Dhan_Cares @iamshrimohan @Divyesh any update on this