What are the limitation of the Kotak Security FIT Plan?
The FIT plan is available only for online users. Trade places with the help of a dealer is not covered under this plan.
The FIT plan is available only for resident Indians.
The FIT plan is available only for equity cash and equity derivatives. Not available for currencies and commodity Intraday trading. The Super multiple orders (Cash, F&O), derivatives plus and option plus orders are also not included in a FIT plan.
In case clients wish to carry forward their position, the trade gets converted to delivery trade and brokerage will be charged as per plan.
No additional margin funding, base margins need to be provided as per agreement.