Calculator

MTF Calculator

Work out what Margin Trading Facility actually costs, what it does to your returns, and the exact price at which your first margin call gets triggered.

Your trade

Change any value — everything updates instantly.

Prices & quantity

Entry price

₹

Exit price

₹

Quantity Number of shares purchased

Holding period Calendar days, including weekends and holidays — interest accrues on all of them

60 d

days

Leverage

How is your leverage quoted?

Leverage multiple provided by the broker Enter the figure the broker advertises. 4× means your ₹100 buys ₹400 of stock — so the broker lends ₹300, which is 3× your own money.

4.0×

Interest

Interest rate Charged on the broker-funded amount only

% p.a.

Brokerage (Buy + Sell)

₹

Statutory & depository charges

SEBI turnover fee Standard rate is ₹10 per crore of turnover

₹per crore

Pledge + unpledge charge Charged per scrip by the depository participant. MTF shares must be pledged on buy and unpledged on sell — commonly ₹20–60 in total

₹per scrip

Margin call inputs

Haircut is the discount the broker applies to your collateral.

Stock haircut Your broker publishes this per scrip — commonly 9%–50%

Stock fall — test a scenario How far the price drops from your entry

25%

Return summary

Interest per day

Interest per month

Interest for the full hold

1st margin call at

You invest

Broker funds

Total charges

Profit before tax

Net profit after tax

Return on your own money	Return
Without MTF (full cash purchase)
With MTF, before tax
With MTF, after tax

Cost breakdown

Every charge on the buy and the sell, in rupees.

Item	Amount (₹)	Basis
Buy value
Sell value
Gross P&L		Sell − Buy
Interest on funded amount
per month
per day
Brokerage		Buy + sell
STT		0.1% of turnover
Transaction charges		0.00322% of turnover
SEBI turnover fee
Pledge + unpledge (DP)		Per scrip, flat
GST		18% on brokerage, transaction, SEBI & DP
Total charges
Profit after charges
Capital gains tax
Net profit

Rates applied: STT 0.1% and exchange transaction charges 0.00322% of turnover, GST 18% on brokerage, transaction, SEBI and DP charges. Stamp duty is not included. Broker slabs, minimum interest and pledge fees vary, so treat these figures as indicative.

Margin call

When the collateral value stops covering what the broker lent you.

1st margin call at

Cushion from entry

before the call

Your fall scenario

If the stock falls
Price after fall
Position value
Collateral value after haircut
Broker funded amount
Margin shortfall

How the trigger is derived. The broker keeps you funded only while quantity × price × (1 − haircut) covers the funded amount. Setting those equal and solving for price gives the trigger. A bigger haircut, or more leverage, pulls the trigger closer to your entry price.

MTF calculator — common questions

How each figure above is worked out.

How is MTF interest calculated?

Interest is charged only on the amount the broker funds, not on the whole position, and it accrues on calendar days — weekends and holidays included. At 11.5% a year on ₹3,75,000 funded, that is roughly ₹118 a day, so a 60-day hold costs about ₹7,089.

What does 4x leverage actually mean in MTF?

Brokers quote leverage as total buying power. At 4x, ₹1,00,000 of your own money buys ₹4,00,000 of stock, which means the broker lends ₹3,00,000 — three times your money, not four. Your upfront margin is 25% of the position.

At what price will I get a margin call?

A margin call triggers when the value of your holding after the broker's haircut no longer covers the funded amount. The trigger price is the funded amount divided by (quantity × (1 − haircut)). A larger haircut or more leverage moves the trigger closer to your entry price.

What is a margin shortfall and how is it calculated?

The shortfall is the funded amount minus the haircut-adjusted value of your holding. If it is positive you must add cash or collateral, or the broker may square off the position.

Which charges apply to an MTF trade?

Brokerage on both legs, interest on the funded amount, STT at 0.1% of turnover, exchange transaction charges, the SEBI turnover fee, depository pledge and unpledge charges, and 18% GST on the service charges. Capital gains tax then applies to what is left.

Is this MTF calculator free to use?

Yes. It needs no signup, carries no advertising, and works entirely in your browser — none of the numbers you enter are sent anywhere.

Disclaimer. Data sourced from daily margin trading disclosure provided by NSE and BSE. This website and page are meant for educational and information only — not investment advice. MTF is leveraged and can amplify losses. Rules, margins, rates and eligible-stock lists change; verify current details with your broker and SEBI/exchange circulars. IndiaMTF.com is not a SEBI-registered intermediary, broker, or investment adviser and has no affiliation with SEBI, NSE or BSE. Figures are reproduced from publicly disclosed exchange data, may be delayed or revised, and should be independently verified before any trading decision. Consult a SEBI-registered investment adviser before investing.