Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Yes, you can convert your Alice Blue MTF position to a normal delivery (CNC) position from T+1 day onwards. To do this, you need to bring in the full funds required to pay off the MTF-funded portion. Once you transfer the required amount and convert the position, the pledge on your stocks will be released and the stocks will move to your regular demat account as CNC holdings. This is a useful option if you initially buy using MTF leverage and later decide to hold the stock as a long-term investment without paying ongoing interest charges
