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How to convert MIS to CNC/NRML and vice versa?

  • MIS positions can be converted to CNC or NRML only if sufficient margins are available in the trading account.
  • Short option positions can be converted from MIS to NRML and vice versa.
  • MIS index options buy positions cannot be converted to NRML. To learn more, see Why can’t index option buy positions be converted from MIS to NRML?
  • Cover Order (CO) position cannot be converted to NRML, CNC or MIS and vice versa. Additionally, the sell MIS position can be converted to CNC only if there are sufficient holdings present in the account.

To convert MIS to CNC or NRML, follow these steps:

Kite app

  1. Tap on Portfolio and then tap on Positions .
  2. Tap on position to convert and scroll up.
  3. Tap on Convert Position.

Kite web

  1. Click on Positions .
  2. Click on Options .
  3. Click on Convert .
  4. Confirm the order by clicking on Convert .