Zerodha LIQUIDCASE Collateral

LIQUIDCASE as collateral on Zerodha

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LIQUIDCASE ETF can be pledged as collateral on Zerodha to get trading margin while keeping the idle cash earning 1-day overnight returns.

How it works

  1. Buy LIQUIDCASE on Kite with idle cash.
  2. Pledge units via Zerodha Console.
  3. Get margin (after haircut) for F&O / equity intraday.
  4. Earn LIQUIDCASE NAV growth daily.
  5. Unpledge when no longer needed.

Haircut

ETFHaircut
LIQUIDCASE~10% (subject to SEBI category caps)
Equity ETFs15-25%
Debt ETFs10-15%

Margin = LIQUIDCASE value x (1 - haircut). Rs 1 lakh pledge gives ~Rs 90,000 margin.

Why this is attractive

  • Dual benefit: Earn overnight return AND get trading margin.
  • No interest on margin (unlike margin loans).
  • No need to sell to free up cash.

Process

Same as bond pledge; see Pledge bonds on Zerodha .

Risk

If trading position causes loss exceeding free cash, pledged LIQUIDCASE units may be liquidated to cover. The “collateral” role isn’t risk-free.

See also

External references

References

  1. SEBI, Margin pledge framework, sebi.gov.in.
  2. Zerodha, LIQUIDCASE collateral mechanics, support.zerodha.com.

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