Angel One does not charge any fee for converting an MIS (Margin Intraday Square-off) order to a CNC (Cash and Carry) order. The conversion is completely free of cost. You only need to ensure you have enough funds or shares in your account to make the conversion successful.
Are there any extra fees for MIS to CNC conversion?
No, there are no extra charges when you convert an intraday MIS position to a CNC delivery order in Angel One. It is a free service provided to help traders hold stocks for longer duration without any additional cost.
What should you keep in mind before converting?
You must have full funds or required holdings in your account. If not, the order will not convert and may be squared off automatically near market close by the system.
How to convert MIS to CNC in Angel One app?
To convert, go to the ‘Positions’ tab in your Angel One app, tap on the order, click “Convert”, choose CNC, and confirm. Make sure to do this before 3:15 PM on the same day.
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