NCDEX issued a notification regarding the Scheme of deposit for acceptance of Mutual Fund Units as collateral

Jul 25, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity & Derivatives Exchange Limited (NCDEX) on July 25, 2024, issued a notification regarding the Scheme of deposit for acceptance of Mutual Fund Units as collateral.

The Clearing Corporation has now revised the eligible Mutual Fund Units list as collateral towards Additional Base Capital (ABC) and the applicable haircuts. The revised list of eligible Mutual Fund units and the haircut details are in Annexure 1 attached to the document.

The given revised list of eligible Mutual Fund units and haircuts shall be applicable from the beginning of the trading day of August 01, 2024.

[Notification No. NCCL/RISK-039/2024]


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