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HEXAWARE TECHNOLOGIES LTD (HEXT) — MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 31.89% on Zerodha(3.1x leverage)

MTF Margin Comparison — HEXT

Upstox
35%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
BEST
Zerodha
31.89%
Margin Required
Leverage3.1x
You Pay3,189
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
Dhan
49%
Margin Required
Leverage2.0x
You Pay4,900
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

HEXAWARE TECHNOLOGIES LTD — Complete Broker Comparison

ParameterUpstoxZerodhaDhan
MTF Margin35%31.89%49%
Leverage2.9x3.1x2.0x
You Pay (per ₹1L)35,00031,89049,000
Broker Funds (per ₹1L)65,00068,11051,000
Interest Rate (p.a.)18.25%14.6%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or ₹20/order (whichever is lower)₹20 per order
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISIN₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limit₹1 crore (₹20L per stock)
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%

Zerodha offers the best margin of 31.89% for HEXT, while Dhan requires 49% — a difference of 17.1 percentage points. This means you save ₹17,110 per ₹1 lakh invested by choosing Zerodha.

HEXT 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 capital31,890
Broker funds68,110
Daily interest27
30-day cost817
Annual cost9,944
Dhan
Your capital49,000
Broker funds51,000
Daily interest17
30-day cost524
Annual cost6,370

* 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 HEXT with MTF?

If you invest
10,000
Stock value you hold31,358
Zerodha funds21,358
Margin used31.89%
If you invest
50,000
Stock value you hold1,56,789
Zerodha funds1,06,789
Margin used31.89%
If you invest
1,00,000
Stock value you hold3,13,578
Zerodha funds2,13,578
Margin used31.89%

Frequently Asked Questions — HEXT MTF

What is the MTF margin for HEXT?

Upstox: 35%, Zerodha: 31.89%, Dhan: 49%. The lowest margin is 31.89% on Zerodha, meaning you only need to pay ₹3189 to buy ₹10,000 worth of HEXAWARE TECHNOLOGIES LTD shares.

Which broker is cheapest for HEXT MTF?

For margin percentage, Zerodha offers the lowest at 31.89% (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 HEXT 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 HEXT on margin?

Yes, HEXAWARE TECHNOLOGIES LTD (HEXT) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan. 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 HEXT 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 HEXT?

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 HEXT?

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 HEXT 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 HEXAWARE TECHNOLOGIES LTD (HEXT) Margin Trading

HEXAWARE TECHNOLOGIES LTD (HEXT) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Upstox, Zerodha, Dhan. MTF allows you to buy HEXT shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 31.89% for HEXT. This means you can buy ₹1,00,000 worth of HEXAWARE TECHNOLOGIES LTD shares by paying just ₹31,890, with Zerodha funding the remaining ₹68,110.

MTF Interest Rates for HEXT — Broker Comparison

The cost of holding HEXT 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 HEXT 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 HEXT 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 1837+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade HEXT directly through our Scalper Terminal.