NCCL issued a circular scheme of deposit for the acceptance of Mutual Fund Units as collateral

Feb 22, 2025 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe National Commodity Clearing Limited (NCCL) on February 21, 2025, issued a circular scheme of deposit for acceptance of Mutual Fund Units as collateral. Insurance 

The following has been stated namely: -

• It states that the Clearing Corporation has now revised the list of eligible Mutual Fund Units as collateral towards Additional Base Capital (ABC) and the applicable haircuts.

• It notified that the revised list of eligible Mutual Fund units along with the haircut details is provided in Annexure 1.

• The revised list of eligible Mutual Fund units and haircuts shall be applicable from March 03, 2025.

Detailed notification is attached below.

[Circular No: : NCCL/RISK-010/2025]


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