The rules.

Profit target

Make ₹30,000 profit: 6% of your ₹5,00,000 starting balance.

Exact rule. Profit is your balance minus the starting balance, after every charge. It's checked at each day's close, 15:30 IST, with the two rules below: the first close where all three are met is your pass.

Minimum trading days

Trade on at least 2 different days before you pass.

Exact rule. A trading day is a date, in IST, with at least one fill. The days don't have to be in a row.

Consistency

When you pass, no single day can be more than half your profit: on ₹30,000, your best day must be ₹15,000 or less.

Exact rule. Your best day is your largest daily result: closing minus opening balance, after charges. At the close where you'd pass, it must be at most 50% of your total profit. If it's more, nothing is lost: keep trading until your total profit is at least twice your best day.

Daily loss limit

Don't lose ₹10,000 or more in one day: 2% of your starting balance.

Exact rule. Measured live from the day's opening balance, on your balance plus open P&L, after charges. Touching the limit breaches the account: open positions are closed and the account ends. The limit resets every trading day.

Max drawdown

Never fall ₹20,000 below your highest closing balance. Your floor starts at ₹4,80,000 and rises when you close a day at a new high.

Exact rule. End-of-day trailing: the floor is your highest end-of-day balance minus 4% of the starting balance. It stops rising once it reaches the starting balance and stays there. Equity (balance plus open P&L) is checked live; touching the floor breaches the account.

Example, ₹5L. You start at ₹5,00,000, so your floor is ₹4,80,000. Close a day at ₹5,10,000 and it moves up to ₹4,90,000. Once you close a day at ₹5,20,000 or more, the floor locks at ₹5,00,000 for good.

Fair play

Trade only your own accounts, on your own decisions. Hold as many evaluations as you like, and up to 5 funded accounts at a time.

Exact rule. Evaluations have no limit. Up to 5 funded accounts can be open at once, per person and household; a pass beyond that waits in My accounts until one of them ends. Not allowed: hedging across your accounts, copying another trader, sharing a login, trading someone else's account, or exploiting delayed prices or news. Every payout request is checked for these.

Profit split

Keep 80% of the profit on your funded account.

Exact rule. Your funded account opens when you pass, on the same size and loss limits, with no profit target (with 5 already open, it waits until one ends). You keep 80% of the profit you withdraw and the firm keeps 20%. Tax is deducted at source where it applies.

Payouts

Withdraw whenever your profit is above the ₹20,000 buffer, up to ₹25,000 a payout.

Exact rule. The buffer equals your max drawdown and always stays in the account. Request a payout any time your profit is above it and you have no open positions or orders. Each payout takes your share and the firm's share of that profit off the balance, so you stay a full drawdown above your floor.

Before your first payout

Verify your identity and your bank account, once.

Exact rule. KYC with your PAN and Aadhaar (through DigiLocker), a verified Indian bank account and your signed funded trader agreement. Payouts are paid in rupees to that account.

What you trade

Buy NIFTY, BANK NIFTY or SENSEX calls or puts, up to 4 lots open at once, and sell only to close.

Exact rule. NIFTY and BANK NIFTY options on NSE and SENSEX options on BSE, on listed expiries. Directional only: buy to open, sell to close. No short options, no spreads, and no calls and puts on the same index at once, across all your accounts. The limit counts every open lot together, at the exchange's current lot sizes. Orders that break these are refused.

Trading hours

Trade from 09:15 to 15:20 IST. Anything still open at 15:20 is closed for you.

Exact rule. Orders are accepted 09:15–15:20 IST on trading days. At 15:20 open positions are squared off and working orders cancelled, and the day closes at 15:30: nothing is held overnight. You can't open new positions in expiring contracts in the last 60 minutes of expiry day, from 14:30, and new orders pause while a contract's prices are delayed.

1. 09:15

   Market opens

   Orders open. Both loss limits count open and closed P&L all day.

2. 15:20

   Square-off

   Anything still open is closed for you and working orders are cancelled.

3. 15:30

   Day closes

   Your closing balance is recorded, the floor moves up after a new high, and the pass check runs.

Costs

Every fill pays what it would at a broker, so your results are realistic.

Exact rule. Each fill includes brokerage, STT, exchange transaction charges, the SEBI fee, stamp duty and GST, from the current rate schedule.