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Ashika Credit Capital Limited (ASHIKA) - MTF Margin Comparison

Exchange: NSE · Available on 7 brokers · Updated daily

Best MTF Rate: 33.51% on Zerodha(3.0x leverage)

Fundamentals Snapshot

Fundamentals updated 23 JulSmall Cap
CMP
₹397
PE
48.8
ROE
7.5%
ROCE
13.3%
P/B
1.52
Mkt Cap
₹2,943 Cr

Fundamentals from the Downstox Value Screener (Nifty 500 universe, updated daily). Not investment advice.

MTF Margin Comparison - ASHIKA

Upstox
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
33.51%
Margin Required
Leverage3.0x
You Pay3,351
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Kotak Neo
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
33.51%
Margin Required
Leverage3.0x
You Pay3,351
You Get₹10,000
Interest7.99% p.a.
Max HoldUnlimited
Pocketful
33.71%
Margin Required
Leverage3.0x
You Pay3,371
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Share India
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Ashika Credit Capital Limited - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwKotak NeoPaytm MoneyPocketfulShare India
MTF Margin35.00%33.51%50.00%100.00%33.51%33.71%50.00%
Leverage2.9x3.0x2.0x1.0x3.0x3.0x2.0x
You Pay (per ₹1L)35,00033,51050,0001,00,00033,51033,71050,000
Broker Funds (per ₹1L)65,00066,49050,000066,49066,29050,000
Interest Rate (p.a.)18.25%14.6%14.95%9.69%7.99%5.99%14.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹41 per lakh/day~₹27 per lakh/dayslab-based~₹27 per lakh/daysee broker
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or Rs. 20/executed order, whichever is lower0.1% per order₹20/order or 0.1%0.1% of trade valueMinimal broker charges, no hidden fees.plan-based
Pledge Charges₹20 per stock (one-time)₹15 + GST per pledge request₹20 per order₹20 + GST per ISIN₹20/- per Transaction₹20 + GST per ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited (maintain margins)No Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin falls below requirementAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Zerodha offers the best margin of 33.51% for ASHIKA, while Kotak Neo requires 100.00% - a difference of 66.49 percentage points. This means you save ₹66,490 per ₹1 lakh invested by choosing Zerodha.

ASHIKA MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital35,000
Broker funds65,000
Daily interest33
30-day cost975
Annual cost11,863
Zerodha
Your capital33,510
Broker funds66,490
Daily interest27
30-day cost798
Annual cost9,708
Groww
Your capital50,000
Broker funds50,000
Daily interest20
30-day cost614
Annual cost7,475
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Paytm Money
Your capital33,510
Broker funds66,490
Daily interest15
30-day cost437
Annual cost5,313
Pocketful
Your capital33,710
Broker funds66,290
Daily interest11
30-day cost326
Annual cost3,971
Share India
Your capital50,000
Broker funds50,000
Daily interest21
30-day cost616
Annual cost7,495

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in ASHIKA with MTF?

If you invest
10,000
Stock value you hold29,842
Zerodha funds19,842
Margin used33.51%
If you invest
50,000
Stock value you hold1,49,209
Zerodha funds99,209
Margin used33.51%
If you invest
1,00,000
Stock value you hold2,98,418
Zerodha funds1,98,418
Margin used33.51%

Frequently Asked Questions - ASHIKA MTF

What is the MTF margin for ASHIKA?

Upstox: 35.00%, Zerodha: 33.51%, Groww: 50.00%, Kotak Neo: 100.00%, Paytm Money: 33.51%, Pocketful: 33.71%, Share India: 50.00%. The lowest margin is 33.51% on Zerodha, meaning you only need to pay ₹3351 to buy ₹10,000 worth of Ashika Credit Capital Limited shares.

Which broker is cheapest for ASHIKA MTF?

For margin percentage, Zerodha offers the lowest at 33.51% (3.0x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on ASHIKA MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy ASHIKA on margin?

Yes, Ashika Credit Capital Limited (ASHIKA) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, Kotak Neo, Paytm Money, Pocketful, Share India. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold ASHIKA on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for ASHIKA?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for ASHIKA?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for ASHIKA MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About Ashika Credit Capital Limited (ASHIKA) Margin Trading

Ashika Credit Capital Limited (ASHIKA) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 7 major Indian brokers: Upstox, Zerodha, Groww, Kotak Neo, Paytm Money, Pocketful, Share India. MTF allows you to buy ASHIKA shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 33.51% for ASHIKA. This means you can buy ₹1,00,000 worth of Ashika Credit Capital Limited shares by paying just ₹33,510, with Zerodha funding the remaining ₹66,490.

MTF Interest Rates for ASHIKA - Broker Comparison

The cost of holding ASHIKA on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for ASHIKA MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding ASHIKA on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 1903+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade ASHIKA directly through our Scalper Terminal.