MTF calculator
Invested amount
No of days held
Expected rate of return
Frequently Asked Questions
What are the charges and costs for using MTF?
What are the charges and costs for using MTF?
- Interest: 0.04% per day(₹ 40 per lakh) on the funded amount. The interest is applied from T+1 day until the stocks are sold.
- Brokerage: 0.3% or ₹ 20, whichever is lower per executed order.
- Pledge and unpledge charges: ₹ 15 + GST per ISIN per pledge request, and ₹ 15 + GST per unpledge request. If you buy the same stock multiple times using MTF, pledge and unpledge charges apply to each separate transaction.
- Square-off charges: ₹ 50 + GST per order squared off by Zerodha.
How is interest calculated for MTF?
How is interest calculated for MTF?
Interest = Funded amount ✕ 0.04% ✕ Holding period
1. Buy value: ₹ 50,000
Funded amount: ₹ 40,000
Holding period: 45 days
Return: 17%
Interest cost: ₹ 40,000 × 0.04% × 45 days = ₹ 720
Expected profit: Return of 17% on ₹ 50,000 = ₹ 8500
Net outcome: ₹ 8500 (profit) - ₹ 720 (interest) = Profit of ₹ 7780 (Excluding brokerage and other charges)
2. Buy value: ₹ 50,000
Funded amount: ₹ 40,000
Holding period: 90 days
Return: 2%
Interest cost: ₹ 40,000 × 0.04% × 90 days = 1440
Expected profit: Return of 2% on ₹ 50,000 for 90 days = ₹ 1000
Net outcome: ₹ 1000 (profit) - ₹ 1440 (interest) = Loss of ₹ 440 (Excluding brokerage and other charges)
Is interest charged for weekends and public holidays as well?
Is interest charged for weekends and public holidays as well?
Interest is charged for the entire holding period, including weekends and public holidays, at 0.04% per day.
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