Ever wondered why your anticipated trade profit wasn't credited to your account? Or why did you receive less than expected? Explore possible reasons in this article, covering factors like previous debit amounts, taxes, charges, pending settlements, and settlement holidays. Let's simplify and understand what might be affecting your account balance and profit outcome.
Here are the potential reasons for a detailed understanding:
1. Previous Debit Amounts:
Maintenance Charges: Accounts opened before August 2021 may incur maintenance fees, which can reduce your fund balance.
Quarterly Settlements and Fund Withdrawals: Periodic settlements or withdrawals can impact your available funds.
Prior Trading Transactions: Previous trades might have resulted in debits affecting your current balance.
2. Taxes and Charges:
Transaction-related taxes and fees can diminish your net profits. Reviewing your ledger and Profit and Loss reports can provide clarity on these deductions.
3. Pending Settlements:
Typically, 80% of the sell amount is available for trading on the same day, with the remaining 20% becoming accessible on the next trading day (T+1).
4. Settlement Holidays:
On settlement holidays, proceeds from sales may not immediately reflect in your account but will be credited on the subsequent working day.
For a detailed breakdown of your transactions and to identify any discrepancies, it's advisable to check your Ledger Report.
Note: Refer to the Ledger Report to ascertain the amount and details.
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