ICICI Pru BSE 500 ETF (BSE500IETF) - MTF Margin Comparison

Exchange: NSE · Available on 5 brokers · Updated daily

Best MTF Rate: 16.00% on Anand Rathi(6.3x leverage)

MTF Margin Comparison - BSE500IETF

Upstox

20.00%

Margin Required

Leverage5.0x

You Pay₹2,000

You Get₹10,000

Interest18.25% p.a.

Max HoldUnlimited

Kotak Neo

20.00%

Margin Required

Leverage5.0x

You Pay₹2,000

You Get₹10,000

Interest9.69% p.a.

Max HoldNo Time Limit

Paytm Money

20.00%

Margin Required

Leverage5.0x

You Pay₹2,000

You Get₹10,000

Interest14.99% p.a.

Max HoldUnlimited

Fyers

20.00%

Margin Required

Leverage5.0x

You Pay₹2,000

You Get₹10,000

Interest9.99% p.a.

Max HoldUnlimited

BEST

Anand Rathi

16.00%

Margin Required

Leverage6.3x

You Pay₹1,600

You Get₹10,000

Interest14.99% p.a.

Max HoldUnlimited

ICICI Pru BSE 500 ETF - Complete Broker Comparison

Parameter	Upstox	Kotak Neo	Paytm Money	Fyers	Anand Rathi
MTF Margin	20.00%	20.00%	20.00%	20.00%	16.00%
Leverage	5.0x	5.0x	5.0x	5.0x	6.3x
You Pay (per ₹1L)	₹20,000	₹20,000	₹20,000	₹20,000	₹16,000
Broker Funds (per ₹1L)	₹80,000	₹80,000	₹80,000	₹80,000	₹84,000
Interest Rate (p.a.)	18.25%	9.69%	14.99%	9.99%	14.99%
Daily Interest Cost	₹20 per ₹40,000 slab/day	~₹27 per lakh/day	slab-based	~₹27 per lakh/day	see broker
Brokerage	0.1% or ₹20/order (whichever is lower)	₹20/order or 0.1%	₹20/order or 0.05%	₹20/order or 0.03%	see plan
Pledge Charges	₹20 per stock (one-time)	₹20 + GST per ISIN	₹20 + GST per ISIN	₹20 + GST per ISIN	per ISIN
Max Holding Period	Unlimited	No Time Limit	Unlimited (maintain margins)	Unlimited (maintain margins)	Unlimited (maintain margins)
Max Borrowing Limit	₹25 lakh	No published limit	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 on margin shortfall	Auto square-off on margin shortfall	Auto square-off on margin shortfall	Auto square-off on margin shortfall

Anand Rathi offers the best margin of 16.00% for BSE500IETF, while Upstox requires 20.00% - a difference of 4.00 percentage points.

BSE500IETF MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox

Your capital₹20,000

Broker funds₹80,000

Daily interest₹40

30-day cost₹1,200

Annual cost₹14,600

Kotak Neo

Your capital₹20,000

Broker funds₹80,000

Daily interest₹21

30-day cost₹637

Annual cost₹7,752

Paytm Money

Your capital₹20,000

Broker funds₹80,000

Daily interest₹33

30-day cost₹986

Annual cost₹11,992

Fyers

Your capital₹20,000

Broker funds₹80,000

Daily interest₹22

30-day cost₹657

Annual cost₹7,992

Anand Rathi

Your capital₹16,000

Broker funds₹84,000

Daily interest₹34

30-day cost₹1,035

Annual cost₹12,592

* 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 BSE500IETF with MTF?

If you invest

₹10,000

Stock value you hold₹62,500

Anand Rathi funds₹52,500

Margin used16.00%

If you invest

₹50,000

Stock value you hold₹3,12,500

Anand Rathi funds₹2,62,500

Margin used16.00%

If you invest

₹1,00,000

Stock value you hold₹6,25,000

Anand Rathi funds₹5,25,000

Margin used16.00%

Frequently Asked Questions - BSE500IETF MTF

What is the MTF margin for BSE500IETF?

Upstox: 20.00%, Kotak Neo: 20.00%, Paytm Money: 20.00%, Fyers: 20.00%, Anand Rathi: 16.00%. The lowest margin is 16.00% on Anand Rathi, meaning you only need to pay ₹1600 to buy ₹10,000 worth of ICICI Pru BSE 500 ETF shares.

Which broker is cheapest for BSE500IETF MTF?

For margin percentage, Anand Rathi offers the lowest at 16.00% (6.3x 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 BSE500IETF 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 BSE500IETF on margin?

Yes, ICICI Pru BSE 500 ETF (BSE500IETF) is available for Margin Trading Facility (MTF) on Upstox, Kotak Neo, Paytm Money, Fyers, 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 BSE500IETF 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 BSE500IETF?

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 BSE500IETF?

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 BSE500IETF 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 ICICI Pru BSE 500 ETF (BSE500IETF) Margin Trading

ICICI Pru BSE 500 ETF (BSE500IETF) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 5 major Indian brokers: Upstox, Kotak Neo, Paytm Money, Fyers, Anand Rathi. MTF allows you to buy BSE500IETF 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 16.00% for BSE500IETF. This means you can buy ₹1,00,000 worth of ICICI Pru BSE 500 ETF shares by paying just ₹16,000, with Anand Rathi funding the remaining ₹84,000.

MTF Interest Rates for BSE500IETF - Broker Comparison

The cost of holding BSE500IETF 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 BSE500IETF 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 BSE500IETF 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 BSE500IETF directly through our Scalper Terminal.