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Baroda Gold ETF (BBNPPGOLD) - MTF Margin Comparison

Exchange: NSE · Available on 4 brokers · Updated daily

Best MTF Rate: 29.75% on Anand Rathi(3.4x leverage)

MTF Margin Comparison - BBNPPGOLD

Upstox
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Dhan
30.00%
Margin Required
Leverage3.3x
You Pay3,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Paytm Money
30.00%
Margin Required
Leverage3.3x
You Pay3,000
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
BEST
Anand Rathi
29.75%
Margin Required
Leverage3.4x
You Pay2,975
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Baroda Gold ETF - Complete Broker Comparison

ParameterUpstoxDhanPaytm MoneyAnand Rathi
MTF Margin50.00%30.00%30.00%29.75%
Leverage2.0x3.3x3.3x3.4x
You Pay (per ₹1L)50,00030,00030,00029,750
Broker Funds (per ₹1L)50,00070,00070,00070,250
Interest Rate (p.a.)18.25%12.49%14.99%14.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹34.2 per lakh/day (up to ₹5L)slab-basedsee broker
Brokerage0.1% or ₹20/order (whichever is lower)₹20 per order₹20/order or 0.05%see plan
Pledge Charges₹20 per stock (one-time)₹30 + GST per ISIN₹20 + GST per ISINper ISIN
Max Holding PeriodUnlimitedUnlimited Holding PeriodUnlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakh₹1 crore (₹20L per stock)No published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto-liquidation if margin coverage < 20%Auto square-off on margin shortfallAuto square-off on margin shortfall

Anand Rathi offers the best margin of 29.75% for BBNPPGOLD, while Upstox requires 50.00% - a difference of 20.25 percentage points. This means you save ₹20,250 per ₹1 lakh invested by choosing Anand Rathi.

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

Upstox
Your capital50,000
Broker funds50,000
Daily interest25
30-day cost750
Annual cost9,125
Dhan
Your capital30,000
Broker funds70,000
Daily interest24
30-day cost719
Annual cost8,743
Paytm Money
Your capital30,000
Broker funds70,000
Daily interest29
30-day cost862
Annual cost10,493
Anand Rathi
Your capital29,750
Broker funds70,250
Daily interest29
30-day cost866
Annual cost10,530

* 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 BBNPPGOLD with MTF?

If you invest
10,000
Stock value you hold33,613
Anand Rathi funds23,613
Margin used29.75%
If you invest
50,000
Stock value you hold1,68,067
Anand Rathi funds1,18,067
Margin used29.75%
If you invest
1,00,000
Stock value you hold3,36,134
Anand Rathi funds2,36,134
Margin used29.75%

Frequently Asked Questions - BBNPPGOLD MTF

What is the MTF margin for BBNPPGOLD?

Upstox: 50.00%, Dhan: 30.00%, Paytm Money: 30.00%, Anand Rathi: 29.75%. The lowest margin is 29.75% on Anand Rathi, meaning you only need to pay ₹2975 to buy ₹10,000 worth of Baroda Gold ETF shares.

Which broker is cheapest for BBNPPGOLD MTF?

For margin percentage, Anand Rathi offers the lowest at 29.75% (3.4x 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 BBNPPGOLD 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 BBNPPGOLD on margin?

Yes, Baroda Gold ETF (BBNPPGOLD) is available for Margin Trading Facility (MTF) on Upstox, Dhan, Paytm Money, Anand Rathi. 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 BBNPPGOLD 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 BBNPPGOLD?

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 BBNPPGOLD?

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 BBNPPGOLD 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 Baroda Gold ETF (BBNPPGOLD) Margin Trading

Baroda Gold ETF (BBNPPGOLD) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 4 major Indian brokers: Upstox, Dhan, Paytm Money, Anand Rathi. MTF allows you to buy BBNPPGOLD shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Anand Rathi offers the best MTF margin of 29.75% for BBNPPGOLD. This means you can buy ₹1,00,000 worth of Baroda Gold ETF shares by paying just ₹29,750, with Anand Rathi funding the remaining ₹70,250.

MTF Interest Rates for BBNPPGOLD - Broker Comparison

The cost of holding BBNPPGOLD 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 BBNPPGOLD 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 BBNPPGOLD 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 2026+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade BBNPPGOLD directly through our Scalper Terminal.