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

Oct 29, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity & Derivatives Exchange Limited (NCDEX) on October 28, 2024, issued a circular regarding the Scheme of deposit for acceptance of Mutual Fund Units as collateral with reference to SEBI circular No. SEBI/HO/MRD/MRD-PoD-1/P/CIR/2023/136 dated August 04, 2023, on Master Circular for Commodity Derivatives Segment, NCCL Circular No. NCCL/RISK017/2024 dated April 23, 2024, on Master Circular - Risk Management and NCCL Circular No. NCCL/RISK-052/2024 dated September 26, 2024.

The revised list of eligible Mutual Fund units along with the haircut details is provided in Annexure 1.

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

[Circular No. NCCL/RISK-060/2024]


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