T1 on WebNotes

Credit from T1 holdings unavailable on the same day on Kite

Wed, 20 May 2026 00:00:00 +0000

When you sell a T1 holding (shares bought today, not yet settled) on Kite , the cash proceeds become available based on the SEBI T+1 settlement cycle, not immediately. This article explains why and how to work with it.

What T1 means

After SEBI’s T+1 settlement transition completed in January 2023, Indian equity trades settle one trading day after execution:

Trade day (T): You buy shares.
T+1: Shares are credited to your demat; cash debited.

Until T+1 settlement completes, the shares are flagged as T1 on the Kite Holdings tab (or in the position queue, depending on Kite build). They can be sold via the BTST flow, but the sale proceeds are subject to the same settlement cycle.

Delivery shares under Positions on the same day on Kite

Wed, 20 May 2026 00:00:00 +0000

When you buy a CNC (delivery) equity position on Kite , the position can briefly appear on the Positions tab for the rest of the trading day. By the next morning, it moves to the Holdings tab (or appears in Holdings flagged as T1). This is the standard T+1 settlement lifecycle.

The lifecycle of a CNC equity buy

Time	Where it shows
Trade-day (T) intraday	Positions tab (Day view), with CNC product type
Trade-day (T) end of day	Either Positions or Holdings (T1 flagged), depending on Kite build
Trade-day +1 (T+1) morning	Holdings tab, with T1 flag
T+1 evening	Holdings tab, T1 flag removed; settled and saleable

Why it appears on Positions first

The Positions tab tracks all open trades for the day. A CNC buy is a trade that has just executed; on the buy day, it is no different from an intraday position in terms of “still in transit”. The system flags it as CNC (not MIS), but it sits in the Positions list until end-of-day.

T1 above shares on Holdings on Kite

Wed, 20 May 2026 00:00:00 +0000

The T1 above shares indicator on the Kite Holdings tab is a flag showing the quantity of shares you bought today (or in BTST scenarios, in an in-progress settlement cycle) that have not yet settled into your demat account. The flag appears above the main Qty number in the row.

What T1 means

Since SEBI’s T+1 settlement framework took full effect in January 2023, equity trades in India settle one trading day after execution: