What is T1 in holdings?
If you're an investor then you must have seen the T1 symbol like the above image in your holdings . When I was working with Zerodha , I used to get queries like "Sir what is T1 in my holdings ". Most new investors get confused with this T1 thing and sometimes some intraday traders also get confused when they convert the intraday position to delivery so the confusion arises when they see the T1 symbol the next day in their holdings . Now, let's get into our topic and understand this T1 symbol in holdings: Whenever you purchase any share on a delivery basis or for your holdings then there is a Clearing Corporation (CC) who make sure that you receive the delivery of your shares in your demat account . As a buyer when you purchase any share your funds get debited and the shares get credited . In the same way, for a seller, the shares get debited and the funds get credited . Clearing Corporation makes sure that the buyer rec...