Why market orders are blocked on T2T and debt instruments on Kite

Sun, 21 Jun 2026 00:00:00 +0000

Market orders are blocked on trade-to-trade (T2T) stocks and on debt-category instruments, including Sovereign Gold Bonds , on Kite ; only limit orders are accepted. The reason is liquidity. These instruments trade in low volume, so a market order , which fills at the best available price regardless of level, can execute far from the last traded price. On a thin order book a market order can fill a small quantity at a sensible price and the rest at a punishing one, committing a trader to a far larger or smaller cash amount than intended with no chance to react. Requiring a limit order forces the trader to set a price ceiling or floor, which is the protection these instruments need.

Fund of Funds: debt

Tue, 19 May 2026 00:00:00 +0000

A debt Fund of Funds (FoF) is an Indian mutual fund scheme that invests in units of other debt mutual fund schemes rather than holding bonds directly. The FoF structure provides single-scheme access to multiple debt categories or multiple debt-fund managers.

For Indian retail investors, debt FoFs are less popular than equity FoFs or gold FoFs given that direct debt-fund investing is straightforward and the FoF wrapper adds TER without commensurate diversification benefit (debt funds tend to have lower idiosyncratic manager risk than equity).

Debt on WebNotes

Why market orders are blocked on T2T and debt instruments on Kite

Fund of Funds: debt