5paisa Account Opening
₹0 Account Opening| ₹20/order – Equity Delivery, Intraday, Futures & Options | ₹0 Commission on Mutual Funds
Open Instant Account with 5paisaALB in 5paisa is an abbreviation for Adjusted Ledger Balance. This is the balance for the fund which you can withdraw (or transfer back to the bank account). It is part of the fund pay-out logic. It tells how much funds you could withdraw. The ALB is calculated as:
ALB = (Normal Ledger + MTF (Margin Trading Funding) Ledger - Unclear receipts - Value of Undelivered Securities - Total Margin requirement in Commodity, FnO & Currency)
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