what is t1 in zerodha

1 year ago 39
Nature

In Zerodha, T1 refers to the settlement time for equity trades in India, which is T+1 days. This means that if shares are purchased on Monday, they will be added to the clients demat account by Tuesday evening. T1 holdings are those shares that have been bought but the delivery of such shares is pending, meaning they have not yet come to the clients demat account. The credit from selling T1 holdings cannot be used on the same day as per regulations. Once the shares hit the clients demat account on T+2 days, they will show up under normal holdings.