MTF Margin Trading Calculator India 2025

Calculate Margin Trading Facility (MTF) costs including interest, brokerage, STT, GST & all charges. Compare Zerodha, Groww, Upstox, Angel Broking & more.

₹10K₹1Cr
%
10%100%
days
1 day365 days
%
0%30%
%
0%1%

Total MTF Cost

₹1.3 K

Break-even: 1.30% profit needed

Your Margin
₹20 K
Funded Amount
₹80 K
Interest Charges
₹1.18 K
Brokerage + GST
₹70.8
~STT + Other Taxes
₹44.52

Detailed Cost Breakdown

Interest (30 days @ 18% p.a.)1183.56
Brokerage (Buy + Sell)60.00
GST on Brokerage (18%)10.80
STT (Buy + Sell)35.00
Exchange Charges6.50
Stamp Duty3.00
SEBI Charges0.02
Total MTF Cost1298.88

Worst-Case Scenario (Margin Call)

If stock falls by 80% or more, broker may force-sell your position.

Maximum Potential Loss:

₹21.3 K

(Your margin + All MTF costs)

💡 Protection: Set stop-loss orders and maintain buffer margin above minimum requirement.

Break-even Analysis

Your stock needs to rise by 1.30% to cover all MTF costs and break-even. This doesn't include potential profits.

What is MTF (Margin Trading Facility)?

MTF or Margin Trading Facility allows you to buy stocks by paying only a fraction (margin) of the total cost upfront. Your broker funds the remaining amount and charges interest on it. This enables you to take larger positions with limited capital, potentially magnifying both profits and losses.

MTF Cost Calculation Formula

Understanding how to calculate total MTF costs including interest, brokerage, and all taxes for margin trading

1

Step 1: Calculate Margin and Funded Amount

First, determine how much you pay upfront (margin) and how much the broker funds

Margin Amount = Investment Amount × (Margin % / 100) Funded Amount = Investment Amount - Margin Amount

Example:

For ₹1,00,000 investment with 20% margin requirement

Margin: ₹1,00,000 × 0.20 = ₹20,000 Funded: ₹1,00,000 - ₹20,000 = ₹80,000
= You pay ₹20,000, broker funds ₹80,000

Variables:

Investment Amount - Total value of stocks you want to buy₹1,00,000
Margin % - Percentage you pay upfront20%
Margin Amount - Your capital (what you pay)₹20,000
Funded Amount - Broker's funding (borrowed)₹80,000
2

Step 2: Calculate Interest Charges

Interest is charged daily on the funded amount (not your margin)

Interest = (Funded Amount × Interest Rate × Days) / (365 × 100)

Example:

For ₹80,000 funded @ 18% p.a. for 30 days

(₹80,000 × 18 × 30) / (365 × 100) = ₹43,200,000 / 36,500
= ₹1,183.56 interest charges

Variables:

Funded Amount - Amount borrowed from broker₹80,000
Interest Rate - Annual interest rate18% p.a.
Days - Holding period30days
3

Step 3: Calculate Brokerage & Taxes

Multiple charges apply on buy and sell transactions

Trading Charges = Brokerage (Buy+Sell) + STT + Exchange + Stamp Duty + GST + SEBI

Example:

All trading charges on ₹1,00,000 transaction

₹60 + ₹35 + ₹6.50 + ₹3 + ₹10.80 + ₹0.20
= ₹115.50 total trading charges

Variables:

Brokerage - 0.03% on buy & sell₹60
STT - 0.01% buy + 0.025% sell₹35
Exchange - ~0.00325% both ways₹6.50
Stamp Duty - 0.003% on buy₹3
GST - 18% on brokerage₹10.80
SEBI - ₹10 per crore₹0.20
4

Step 4: Calculate Total MTF Cost

Sum of all interest charges and trading costs

Total MTF Cost = Interest Charges + All Trading Charges

Example:

Total cost for 30-day MTF position

₹1,183.56 + ₹115.50
= ₹1,299.06 total MTF cost

Variables:

Interest Charges - From Step 2₹1,183.56
Trading Charges - From Step 3₹115.50
5

Step 5: Calculate Break-even Percentage

Minimum profit % needed to cover all MTF costs

Break-even % = (Total MTF Cost / Investment Amount) × 100

Example:

Profit % needed to break even

(₹1,299.06 / ₹1,00,000) × 100
= 1.30% - Stock must rise by 1.30% to break even

Variables:

Total MTF Cost - From Step 4₹1,299.06
Investment Amount - Total stock value₹1,00,000

These formulas provide the mathematical foundation for the calculations. Actual results may vary based on rounding, compounding frequency, and specific lender policies.

Suitable For

MTF is best for traders who understand leverage and can manage risks.

Experienced traders with 6+ months market knowledge

Traders with strong conviction in short-term stock movements

Those who can monitor positions daily

Investors with emergency funds for margin calls

Risk-takers comfortable with leveraged trading

Traders with disciplined stop-loss strategies

Those seeking short-term (days to weeks) gains

Should Avoid

Avoid MTF if you don't meet the requirements or have low risk tolerance.

New investors with limited market experience

Long-term investors (use regular delivery instead)

Those who cannot afford to lose their capital

Investors unable to monitor positions regularly

People uncomfortable with debt or leverage

Traders without stop-loss discipline

Those investing their last savings or borrowed money

Tax Implications of MTF Trading

Capital Gains Tax

  • Short Term (held <1 year): 20% tax on profits
  • Long Term (held >1 year): 12.5% tax on gains above ₹1.25 lakh/year
  • • STT is already paid during trading

Interest Payment - NOT Tax Deductible

Interest paid on MTF cannot be claimed as a tax deduction. It's considered a trading expense but not eligible for deduction under Income Tax Act. However, you can add brokerage and other charges to your acquisition cost for capital gains calculation.

Set-off of Losses

MTF trading losses can be set off against other capital gains:

  • • Short-term losses can be set off against both short-term and long-term gains
  • • Long-term losses can only be set off against long-term gains
  • • Unabsorbed losses can be carried forward for 8 years

Hidden Charges & Risks to Watch Out For

Compounding Interest

Interest accumulates daily. For longer holdings, interest on interest (compounding) can significantly increase your costs. A 30-day position costs 2.5x more than a 10-day position.

Margin Call Risk

If stock falls below minimum margin, you must add funds immediately or face forced liquidation. Brokers can sell your holdings at unfavorable prices without your consent.

Conversion Charges

Converting MTF to regular delivery may involve additional fees. Some brokers charge DP charges or conversion fees, which add to your total cost.

Important Risk Disclosure

MTF trading involves high risk due to leverage. You can lose more than your initial investment. Interest costs accumulate daily, reducing profits. Market volatility can trigger margin calls and forced liquidation. Only invest what you can afford to lose. Past performance doesn't guarantee future results. Always use stop-loss orders and maintain buffer margin above minimum requirements.