MTF Facility 2 Queries regarding buy sell same day

Investing 💰
1

Hello,
I had question regarding MTF

  1. Can I buy say 100 HDFC using MTF and sell it the same day ?

  2. Also can I buy intraday using MTF and convert to delivery ?

Please guide. Thank you

2

Hi @Vgandhi2022 ,

Thank you for writing to us. To address your queries:

  1. Yes, you can buy and sell shares bought using MTF & sell them on the same day. It will treated as an intraday trade.
  2. Yes, you can buy stocks using MTF and convert them to delivery. However, this has not been productised yet, so you will need to drop us an email on help@dhan.co asking us to convert the position to delivery. Kindly make sure you have sufficient funds for the conversion.

Thanks,
Pranita
Product @ Dhan