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Emudhra (EMUDHRA) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 32.33% on Zerodha(3.1x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹437
PE
34.6
ROE
12.6%
ROCE
15.7%
Div Yield
0.29%
P/B
3.97
Mkt Cap
₹3,618 Cr

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

MTF Margin Comparison - EMUDHRA

Upstox
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
32.33%
Margin Required
Leverage3.1x
You Pay3,233
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
32.33%
Margin Required
Leverage3.1x
You Pay3,233
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
35.33%
Margin Required
Leverage2.8x
You Pay3,533
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
32.91%
Margin Required
Leverage3.0x
You Pay3,291
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
32.33%
Margin Required
Leverage3.1x
You Pay3,233
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
33.00%
Margin Required
Leverage3.0x
You Pay3,300
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
32.91%
Margin Required
Leverage3.0x
You Pay3,291
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Emudhra - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin35.00%32.33%32.33%40.00%35.33%32.91%32.33%33.00%32.91%
Leverage2.9x3.1x3.1x2.5x2.8x3.0x3.1x3.0x3.0x
You Pay (per ₹1L)35,00032,33032,33040,00035,33032,91032,33033,00032,910
Broker Funds (per ₹1L)65,00067,67067,67060,00064,67067,09067,67067,00067,090
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%14.99%18%14.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)~₹27 per lakh/dayslab-based~₹27 per lakh/daysee brokersee brokersee broker
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or Rs. 20/executed order, whichever is lower₹20 per order₹20/order or 0.1%₹20/order or 0.05%₹20/ordersee planplan-basedplan-based
Pledge Charges₹20 per stock (one-time)₹15 + GST per pledge and unpledge request per ISIN₹30 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISINper ISINper ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limit₹1 crore (₹20L per stock)No 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 coverage < 20%Auto square-off on margin shortfallAuto square-off on margin shortfallAuto 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 32.33% for EMUDHRA, while Kotak Neo requires 40.00% - a difference of 7.67 percentage points. This means you save ₹7,670 per ₹1 lakh invested by choosing Zerodha.

EMUDHRA 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 capital32,330
Broker funds67,670
Daily interest27
30-day cost812
Annual cost9,880
Dhan
Your capital32,330
Broker funds67,670
Daily interest23
30-day cost695
Annual cost8,452
Kotak Neo
Your capital40,000
Broker funds60,000
Daily interest16
30-day cost491
Annual cost5,970
Paytm Money
Your capital35,330
Broker funds64,670
Daily interest27
30-day cost797
Annual cost9,694
Pocketful
Your capital32,910
Broker funds67,090
Daily interest11
30-day cost330
Annual cost4,019
Anand Rathi
Your capital32,330
Broker funds67,670
Daily interest28
30-day cost834
Annual cost10,144
Bajaj Broking
Your capital33,000
Broker funds67,000
Daily interest33
30-day cost991
Annual cost12,060
Share India
Your capital32,910
Broker funds67,090
Daily interest28
30-day cost827
Annual cost10,057

* 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 EMUDHRA with MTF?

If you invest
10,000
Stock value you hold30,931
Zerodha funds20,931
Margin used32.33%
If you invest
50,000
Stock value you hold1,54,655
Zerodha funds1,04,655
Margin used32.33%
If you invest
1,00,000
Stock value you hold3,09,310
Zerodha funds2,09,310
Margin used32.33%

Frequently Asked Questions - EMUDHRA MTF

What is the MTF margin for EMUDHRA?

Upstox: 35.00%, Zerodha: 32.33%, Dhan: 32.33%, Kotak Neo: 40.00%, Paytm Money: 35.33%, Pocketful: 32.91%, Anand Rathi: 32.33%, Bajaj Broking: 33.00%, Share India: 32.91%. The lowest margin is 32.33% on Zerodha, meaning you only need to pay ₹3233 to buy ₹10,000 worth of Emudhra shares.

Which broker is cheapest for EMUDHRA MTF?

For margin percentage, Zerodha offers the lowest at 32.33% (3.1x 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 EMUDHRA 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 EMUDHRA on margin?

Yes, Emudhra (EMUDHRA) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, 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 EMUDHRA 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 EMUDHRA?

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 EMUDHRA?

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 EMUDHRA 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 Emudhra (EMUDHRA) Margin Trading

Emudhra (EMUDHRA) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 9 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy EMUDHRA shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 32.33% for EMUDHRA. This means you can buy ₹1,00,000 worth of Emudhra shares by paying just ₹32,330, with Zerodha funding the remaining ₹67,670.

MTF Interest Rates for EMUDHRA - Broker Comparison

The cost of holding EMUDHRA 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 EMUDHRA 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 EMUDHRA 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 2027+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade EMUDHRA directly through our Scalper Terminal.