What conditions to keep in mind while using MTF?

While using MTF, keep the following in mind:


  • Stock bought as MTF can be held for a period of 365 days on a temporary basis, and you can find them under your Positions tab on the Upstox platform.
  • You can close your positions at any point in time.
  • At once you can take an MTF position of up to ₹2Cr.


Basic Plan:


You will be charged ₹20/day for slabs of ₹40,000 taken as MTF.


Example:


You’ve taken ₹70,000 as Margin Trading Facility.


Then you would pay ₹20/day (for the first ₹40,000) + ₹20/day (for the other ₹30,000), which is a total charge of ₹40/day.


  • Additionally, for an MTF buy and sell transaction, you will be charged a one-time fee of ₹20 (plus tax) by CDSL as pledging and un-pledging charges.
  • You’ll also be charged a brokerage of upto ₹20/order.


Plus Plan:


₹20 per ₹50,000 borrowed (up to ₹1,00,000). Beyond ₹1,00,000, it’s ₹20 per ₹40,000 borrowed.


Example:


You’ve taken ₹1,20,000 as Margin Trading Facility.


Then you would pay ₹20/day (for the first ₹50,000) + ₹20/day (for the next ₹50,000) + ₹20/day (for the remaining ₹20,000), which is a total charge of ₹60/day.


  • Additionally, for an MTF buy and sell transaction, you will be charged a one-time fee of ₹20 (plus tax) by CDSL as pledging and un-pledging charges.
  • You’ll also be charged a brokerage of up to ₹20/order.


Once you activate MTF, we will also send a complete list of ‘terms and conditions’ to your registered email ID.


Terms & Conditions Apply: RIGHTS & OBLIGATIONS OF STOCK BROKERS & CLIENTS FOR MARGIN TRADING FACILITY (MTF) - NSE & BSE

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