DSP BSE Top 10 Banks ETF (BANK10ADD) - Fund MTF Margin
Exchange: NSE · Available on 4 brokers · Updated daily
DSP BSE Top 10 Banks ETF (BANK10ADD) is a fund, not a company
₹16.78DSP BSE Top 10 Banks ETF (BANK10ADD) is a fund, not a company - it tracks an index or a basket of assets rather than running a business. It has no P/E, ROE, ROCE, promoter holding or Piotroski F-Score to report; none of those measures apply to a fund unit. We also do not currently hold its AUM (assets under management), expense ratio, tracking error. What this page does hold, and shows below, is real and specific to BANK10ADD: the MTF margin rate each broker offers on it, and its full name.
MTF Margin Comparison - BANK10ADD
DSP BSE Top 10 Banks ETF - Complete Broker Comparison
| Parameter | Upstox | Zerodha | Groww | Fyers |
|---|---|---|---|---|
| MTF Margin | 26.50% | 26.50% | 26.50% | 27.03% |
| Leverage | 3.8x | 3.8x | 3.8x | 3.7x |
| You Pay (per ₹1L) | ₹26,500 | ₹26,500 | ₹26,500 | ₹27,030 |
| Broker Funds (per ₹1L) | ₹73,500 | ₹73,500 | ₹73,500 | ₹72,970 |
| Interest Rate (p.a.) | 18.25% | 14.6% | 14.95% | 12.49% |
| Daily Interest Cost | ₹20 per ₹40,000 slab/day | ₹40 per lakh/day | ₹41 per lakh/day | ~₹27 per lakh/day |
| Brokerage | Rs 20/day per Rs 40,000 | 0.3% or Rs. 300 per Rs. 40,000 | 0.1% per order | Rs 20/day per Rs 40,000 |
| Pledge Charges | 0.01% p.a. | Payment gateway charges ₹9 + GST | ₹20 per order | NA |
| Max Holding Period | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) |
| Max Borrowing Limit | ₹25 lakh | No published limit | No published limit | No published limit |
| Auto Square-Off | Auto square-off if margin shortfall not met by T+4 | Auto square-off if margin falls below minimum | Auto-liquidation if margin falls below requirement | Auto square-off on margin shortfall |
Upstox offers the best margin of 26.50% for BANK10ADD, while Fyers requires 27.03% - a difference of 0.53 percentage points.
BANK10ADD MTF Interest Cost Calculator (per ₹1 Lakh Investment)
* 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 BANK10ADD with MTF?
Frequently Asked Questions - BANK10ADD MTF
What is the MTF margin for BANK10ADD?
Does Downstox show AUM, expense ratio or tracking error for BANK10ADD?
Why does BANK10ADD have no P/E, ROE or F-Score?
Compare Other MTF Stocks
Compare All 1920+ MTF Stocks
Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.
About DSP BSE Top 10 Banks ETF (BANK10ADD) Margin Trading
DSP BSE Top 10 Banks ETF (BANK10ADD) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 4 major Indian brokers: Upstox, Zerodha, Groww, Fyers. MTF allows you to buy BANK10ADD shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Upstox offers the best MTF margin of 26.50% for BANK10ADD. This means you can buy ₹1,00,000 worth of DSP BSE Top 10 Banks ETF shares by paying just ₹26,500, with Upstox funding the remaining ₹73,500.
MTF Interest Rates for BANK10ADD - Broker Comparison
The cost of holding BANK10ADD 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 BANK10ADD 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 BANK10ADD 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 1920+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade BANK10ADD directly through our Scalper Terminal.