HD

HDFC AMC (HDFCAMC) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 23.53% on Kotak Neo(4.2x leverage)

Fundamentals Snapshot

AMCMega Cap
CMP
₹2,800
PE
42.0
ROE
32.9%
ROCE
42.9%
Div Yield
1.93%
P/B
13.02
Mkt Cap
₹1,20,031 Cr

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

MTF Margin Comparison - HDFCAMC

Upstox
30.53%
Margin Required
Leverage3.3x
You Pay3,053
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
26.00%
Margin Required
Leverage3.8x
You Pay2,600
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
24.00%
Margin Required
Leverage4.2x
You Pay2,400
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
BEST
Kotak Neo
23.53%
Margin Required
Leverage4.2x
You Pay2,353
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
23.53%
Margin Required
Leverage4.2x
You Pay2,353
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
30.54%
Margin Required
Leverage3.3x
You Pay3,054
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
30.52%
Margin Required
Leverage3.3x
You Pay3,052
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
24.00%
Margin Required
Leverage4.2x
You Pay2,400
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
30.38%
Margin Required
Leverage3.3x
You Pay3,038
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

HDFC AMC - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin30.53%26.00%24.00%23.53%23.53%30.54%30.52%24.00%30.38%
Leverage3.3x3.8x4.2x4.2x4.2x3.3x3.3x4.2x3.3x
You Pay (per ₹1L)30,53026,00024,00023,53023,53030,54030,52024,00030,380
Broker Funds (per ₹1L)69,47074,00076,00076,47076,47069,46069,48076,00069,620
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

Kotak Neo offers the best margin of 23.53% for HDFCAMC, while Pocketful requires 30.54% - a difference of 7.01 percentage points. This means you save ₹7,010 per ₹1 lakh invested by choosing Kotak Neo.

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

Upstox
Your capital30,530
Broker funds69,470
Daily interest35
30-day cost1,042
Annual cost12,678
Zerodha
Your capital26,000
Broker funds74,000
Daily interest30
30-day cost888
Annual cost10,804
Dhan
Your capital24,000
Broker funds76,000
Daily interest26
30-day cost780
Annual cost9,492
Kotak Neo
Your capital23,530
Broker funds76,470
Daily interest21
30-day cost625
Annual cost7,609
Paytm Money
Your capital23,530
Broker funds76,470
Daily interest31
30-day cost942
Annual cost11,463
Pocketful
Your capital30,540
Broker funds69,460
Daily interest11
30-day cost342
Annual cost4,161
Anand Rathi
Your capital30,520
Broker funds69,480
Daily interest29
30-day cost856
Annual cost10,415
Bajaj Broking
Your capital24,000
Broker funds76,000
Daily interest37
30-day cost1,124
Annual cost13,680
Share India
Your capital30,380
Broker funds69,620
Daily interest29
30-day cost858
Annual cost10,436

* 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 HDFCAMC with MTF?

If you invest
10,000
Stock value you hold42,499
Kotak Neo funds32,499
Margin used23.53%
If you invest
50,000
Stock value you hold2,12,495
Kotak Neo funds1,62,495
Margin used23.53%
If you invest
1,00,000
Stock value you hold4,24,989
Kotak Neo funds3,24,989
Margin used23.53%

Frequently Asked Questions - HDFCAMC MTF

What is the MTF margin for HDFCAMC?

Upstox: 30.53%, Zerodha: 26.00%, Dhan: 24.00%, Kotak Neo: 23.53%, Paytm Money: 23.53%, Pocketful: 30.54%, Anand Rathi: 30.52%, Bajaj Broking: 24.00%, Share India: 30.38%. The lowest margin is 23.53% on Kotak Neo, meaning you only need to pay ₹2353 to buy ₹10,000 worth of HDFC AMC shares.

Which broker is cheapest for HDFCAMC MTF?

For margin percentage, Kotak Neo offers the lowest at 23.53% (4.2x 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 HDFCAMC 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 HDFCAMC on margin?

Yes, HDFC AMC (HDFCAMC) 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 HDFCAMC 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 HDFCAMC?

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 HDFCAMC?

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 HDFCAMC 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.

Compare Other MTF Stocks

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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 HDFC AMC (HDFCAMC) Margin Trading

HDFC AMC (HDFCAMC) 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 HDFCAMC shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Kotak Neo offers the best MTF margin of 23.53% for HDFCAMC. This means you can buy ₹1,00,000 worth of HDFC AMC shares by paying just ₹23,530, with Kotak Neo funding the remaining ₹76,470.

MTF Interest Rates for HDFCAMC - Broker Comparison

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