How-to MTF Conversion

How to convert MTF holdings to delivery

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To convert an MTF position to regular CNC delivery:

Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with Zerodha.

Step-by-step procedure

Four steps per the procedure infobox.

Why convert

  • Reduce interest cost (no more daily interest charges).
  • Convert short-term position to long-term holding.
  • Simplify the holding (CNC is easier to track than MTF).

Cost of conversion

  • Pay the MTF loan principal + accrued interest.
  • After conversion: no further interest accrues.
  • Capital cost = full position value.

See also

External references

References

  1. Zerodha, MTF to CNC conversion, support.zerodha.com.

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