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MTF calculator

MTF calculator

Invested amount

No of days held

days

Expected rate of return

%
Applicable interest
(0.04% per day)
₹  0
Brokerage+Charges
₹  0
Profit & Loss
₹  0
0.00%
Your investment
₹  10,000
Funded by Zerodha
₹  0
Total buy value
₹  10,000

Frequently Asked Questions

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?

Interest = Funded amount ✕ 0.04% ✕ Holding period

Examples:

1. Buy value: ₹  50,000

Funded amount: ₹  40,000

Holding period: 20 days

Return: 15%

Interest cost: ₹  40,000 × 0.04% × 20 days = ₹  320

Expected profit: Annual return of 15% on ₹  50,000 for 20 days = ₹  410.96

Net outcome: ₹  410.96 (profit) - ₹  320 (interest) = Profit of ₹  90.96

2. Buy value: ₹  50,000

Funded amount: ₹  40,000

Holding period: 30 days

Return: 10%

Interest cost: ₹  40,000 × 0.04% × 30 days = 480

Expected profit: Annual return of 10% on ₹  50,000 for 30 days = ₹  410.96

Net outcome: ₹  410.96 (profit) - ₹  480 (interest) = Loss of ₹  69.04

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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