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Axis AMC - AxisSENSEX (AXSENSEX) — MTF Margin Comparison

Exchange: NSE · Available on 2 brokers · Updated daily

Best MTF Rate: 20% on Dhan(5.0x leverage)

MTF Margin Comparison — AXSENSEX

Upstox
25%
Margin Required
Leverage4.0x
You Pay2,500
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
Not Available
Groww
Not Available
BEST
Dhan
20%
Margin Required
Leverage5.0x
You Pay2,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

Axis AMC - AxisSENSEX — Complete Broker Comparison

ParameterUpstoxDhan
MTF Margin25%20%
Leverage4.0x5.0x
You Pay (per ₹1L)25,00020,000
Broker Funds (per ₹1L)75,00080,000
Interest Rate (p.a.)18.25%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.1% or ₹20/order (whichever is lower)₹20 per order
Pledge Charges₹20 per stock (one-time)₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins)
Max Borrowing Limit₹25 lakh₹1 crore (₹20L per stock)
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto-liquidation if margin coverage < 20%

Dhan offers the best margin of 20% for AXSENSEX, while Upstox requires 25% — a difference of 5.0 percentage points.

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

Upstox
Your capital25,000
Broker funds75,000
Daily interest38
30-day cost1,125
Annual cost13,688
Dhan
Your capital20,000
Broker funds80,000
Daily interest27
30-day cost821
Annual cost9,992

* 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 AXSENSEX with MTF?

If you invest
10,000
Stock value you hold50,000
Dhan funds40,000
Margin used20%
If you invest
50,000
Stock value you hold2,50,000
Dhan funds2,00,000
Margin used20%
If you invest
1,00,000
Stock value you hold5,00,000
Dhan funds4,00,000
Margin used20%

Frequently Asked Questions — AXSENSEX MTF

What is the MTF margin for AXSENSEX?

Upstox: 25%, Dhan: 20%. The lowest margin is 20% on Dhan, meaning you only need to pay ₹2000 to buy ₹10,000 worth of Axis AMC - AxisSENSEX shares.

Which broker is cheapest for AXSENSEX MTF?

For margin percentage, Dhan offers the lowest at 20% (5.0x 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 AXSENSEX 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 AXSENSEX on margin?

Yes, Axis AMC - AxisSENSEX (AXSENSEX) is available for Margin Trading Facility (MTF) on Upstox, Dhan. 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 AXSENSEX 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 AXSENSEX?

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 AXSENSEX?

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 AXSENSEX 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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About Axis AMC - AxisSENSEX (AXSENSEX) Margin Trading

Axis AMC - AxisSENSEX (AXSENSEX) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 2 major Indian brokers: Upstox, Dhan. MTF allows you to buy AXSENSEX shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Dhan offers the best MTF margin of 20% for AXSENSEX. This means you can buy ₹1,00,000 worth of Axis AMC - AxisSENSEX shares by paying just ₹20,000, with Dhan funding the remaining ₹80,000.

MTF Interest Rates for AXSENSEX — Broker Comparison

The cost of holding AXSENSEX 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 AXSENSEX 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 AXSENSEX 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 1837+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade AXSENSEX directly through our Scalper Terminal.