Mutual Fund Pledging In Dhan

Need Help ℹ️
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21

Nope, nothing in hurry. We have built MF product over the past 12+ months.

22

@PravinJ Sir, we have no doubt that you are not working on Product Development. but things is that you were aware that Why many traders are investing in MF. and its futuristic that all Investment in Demat only. my view point is that its could have been ok if you launch 1-2 months late but with all basic features specially MF Pledge implemented instead of launching with SOA. its seems that I have MF feature on Dhan but useless.

BTW… hope you are planing to launching as earliest possible.

1 Like
23

Exactly. Instead of 12+ months, if it would have taken 15+ months but with the full product suite on offer, then that would have been a marvel.

24

Hi @PravinJ ,How to Pledge nippon india nifty 50 index fund.
I bought 2 days back. It still shows. Not eligible to pledge.

25

Hi @Puran_Singh

Welcome to the MadeForTrade Community

We see that you purchased Nippon India Nifty 50 ETF on July 8th, 2024. Hence you can pledge it tomorrow, as per the settlement timeline of T+1 working day.

Hope this clarifies.

27

We ae asking this feature since opening but looks like dhan is unable to provide it

28

Hey @dvpandya90 & @peeruverma09 ,

The idea behind launching the SOA format of mutual funds was keeping in mind the interests of majority MF investors whose primary use case is simply investment and not pledging. SOA format also provides access to a few features that are not available currently in the demat mode.

That being said, as mentioned earlier, we are working towards making the pledging feature available for mutual funds soon. We will surely keep you updated on further developments.

Thanks,
Pranita
Product @ Dhan

29

Dhan is exceptionally gud.
Infact I wanted to shift my entire portfolio from xyz to dhan as xyz does not provide margin benefits whixh can be used across all segments. But the only constrain is that mutual fund can’t be transferred from demat to SOA format.

If Dhan provides pledge margin benefit on mutual fund nothing like it.

Let’s see if Dhan provides demat form of mutual fund and pledging mf first or XYZ broker provides margin pledge benift which can be used across all segments like dhan.

30

Hi @SALEEL Something on that lines is planned for, its on our list of things to do!

31

Work in progress you mean? :grin:

32

Too much pressure sir @thisisbanerjee :smiling_face_with_tear:

1 Like
33

Sir,
At least some time frame

Regards

34

I think, I have pursued them enough to know, before 2024 ends. :smiling_face_with_tear:

1 Like
35

Eagerly waiting to pledge Mutual Funds on Dhan

37

If Dhan wants to capture the broking space and become the biggest player, demat MF should’ve been the 1st implementation as it is sacrosanct to Option sellers instead of SOA format which even non-brokers like Kuvera have already done years back.

2 Likes
38

Any updates?

39

Any update on MF pledging??? This feature is really important.
I might have to shift to the other broker that allows this.

40

AngelOne.

41

Zerodha, AngelOne both allows afaik.

42

@Dhan team,

Any updates on this? Sorry for sounding rude but is it usual will be implemented in few more weeks? :frowning: Have heard same sentence being said since last year and i’m not seeing anything.

I agree totally with @Shivang_Tripathi Mutual Fund Pledging In Dhan - #37 by Shivang_Tripathi. Till MF pledging goes live+MF units in demat format a lot of F&O traders won’t even give a look at Dhan. Kindly give a realistic timeline (we all don’t live forever, so better to give a timeline) so that people on Dhan could plan out things for at least next F.Y. on which platform to trade and not simply wait for an important piece of tool that’s missing in there trading armour.