What is Convert Position in Zerodha
And
Its Charges
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“Convert Position” feature allows you to change the product type of your existing intraday positions.
Product type here means
MIS (Margin Intraday Square Off)
CNC (Cash and Carry) or NRML (Normal)
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Step 1: Log In To The Zerodha Kite Trading Platform
Log in with your user ID and password.
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Step 2: Go to the "Positions"
Click on the “Positions” tab, here you can see all your open positions/trades.
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Step 3: Select The Stock You Want To Convert
Select the position (share) you want to convert.
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Step 4: Look for Three Dots
Here you will see three dots on the right-hand side of the share name. Click on them and a drop-down menu will open and see the “Convert” option.
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Step 5: Click on Convert Option
On clicking, a new pop-up will open to convert the position in Zerodha. Review the details and click on “Convert” to confirm.
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Charges To Convert Position in Zerodha?
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There are no charges to convert positions in Zerodha. You can freely convert any position, i.e., MIS to CNC or CNC to MIS anytime
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