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When you close or square off your MTF position, the funds are not released immediately because MTF holdings are funded by Shoonya and pledged with CDSL.
These holdings follow the settlement process applicable to T1 holdings. Once the required settlement and release process is completed, the funds will be visible and available for use from the next trading session.
If your question wasn’t answered above, we’re here for you. Reach out to our team for assistance.