Zerodha Same-day Kite balance

Same-day profits and Kite balance

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Same-day profits in F&O reflect on Kite balance differently depending on whether positions are closed or open, and the time of day. Understanding the timing helps with capital planning.

During the session

For an open F&O position:

  • MTM shows on Positions tab in real time.
  • Margin used updates with MTM.
  • Cash balance does not change (no credit yet).
  • Margin available changes as MTM moves.

For a same-day closed position:

  • Realised P&L shows on Positions Day view.
  • Cash balance does not immediately reflect (settlement is end-of-day).
  • Margin used is released for the closed position.

End of session (after 15:30)

After session close:

  • Daily MTM settlement processes (typically by 18:00-19:00 IST).
  • Realised same-day F&O P&L credits to cash.
  • Cash balance updates.

For equity intraday MIS round-trip:

  • Realised P&L locked on close.
  • Settlement processes via T+1 cycle (settles next day).
  • Cash credit T+1 evening, available T+2 morning for equity.

T+1 morning

By T+1 09:00:

  • F&O same-day profits available for new trades.
  • Equity intraday profits available (cash credit reflected).

Effect on margin available

During the session, MTM profits increase margin available, MTM losses decrease it. This is regardless of whether the position is closed.

For an unrealised gain of Rs 50,000:

  • Cash unchanged.
  • Margin used (for the still-open position) may decrease (lower SPAN if move was favourable).
  • Net margin available rises.

See also

External references

References

  1. NSE Clearing, Daily MTM and settlement, nseclearing.com.
  2. Zerodha Support, Same-day P&L and balance, support.zerodha.com.

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