How to convert MTF holdings or positions to CNC?

To convert MTF holdings to CNC, users should have sufficient funds in their Zerodha account. If users don't have enough funds for the full conversion, the request will be processed only for the quantity for which they have funds.

For instance, if a user has funds for only 5 shares out of 10 MTF shares, only 5 shares will be converted to CNC. To convert MTF holdings to CNC, visit console.zerodha.com/portfolio/mtf, tap on the instrument and then on Convert to holdings.

To convert MTF holdings to CNC on Kite app, follow these steps:

1. Tap on the User ID.
2. Tap on Portfolio.
3. Tap on options and then on Portfolio.
4. Tap on MTF holdings.
5. Tap on the instrument and then on Convert to holdings.
6. Enter the quantity and tap on Confirm.

Conversion requests received before 4 PM will be processed the same day, while those received after 4 PM will be processed the next working day.

To cancel a conversion request, tap on the instrument from the MTF holdings section, and then on Cancel conversion request.