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INVESCO INDIA GOLD ETF (IVZINGOLD) — MTF Margin Comparison

Exchange: NSE · Available on 2 brokers · Updated daily

Best MTF Rate: 31.84% on Upstox(3.1x leverage)

MTF Margin Comparison — IVZINGOLD

BEST
Upstox
31.84%
Margin Required
Leverage3.1x
You Pay3,184
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
Not Available
Groww
Not Available
Dhan
33%
Margin Required
Leverage3.0x
You Pay3,300
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

INVESCO INDIA GOLD ETF — Complete Broker Comparison

ParameterUpstoxDhan
MTF Margin31.84%33%
Leverage3.1x3.0x
You Pay (per ₹1L)31,84033,000
Broker Funds (per ₹1L)68,16067,000
Interest Rate (p.a.)18.25%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.1% or ₹20/order (whichever is lower)₹20 per order
Pledge Charges₹20 per stock (one-time)₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins)
Max Borrowing Limit₹25 lakh₹1 crore (₹20L per stock)
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto-liquidation if margin coverage < 20%

Upstox offers the best margin of 31.84% for IVZINGOLD, while Dhan requires 33% — a difference of 1.2 percentage points.

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

Upstox
Your capital31,840
Broker funds68,160
Daily interest34
30-day cost1,022
Annual cost12,439
Dhan
Your capital33,000
Broker funds67,000
Daily interest23
30-day cost688
Annual cost8,368

* 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 IVZINGOLD with MTF?

If you invest
10,000
Stock value you hold31,407
Upstox funds21,407
Margin used31.84%
If you invest
50,000
Stock value you hold1,57,035
Upstox funds1,07,035
Margin used31.84%
If you invest
1,00,000
Stock value you hold3,14,070
Upstox funds2,14,070
Margin used31.84%

Frequently Asked Questions — IVZINGOLD MTF

What is the MTF margin for IVZINGOLD?

Upstox: 31.84%, Dhan: 33%. The lowest margin is 31.84% on Upstox, meaning you only need to pay ₹3184 to buy ₹10,000 worth of INVESCO INDIA GOLD ETF shares.

Which broker is cheapest for IVZINGOLD MTF?

For margin percentage, Upstox offers the lowest at 31.84% (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 IVZINGOLD 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 IVZINGOLD on margin?

Yes, INVESCO INDIA GOLD ETF (IVZINGOLD) is available for Margin Trading Facility (MTF) on Upstox, 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 IVZINGOLD 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 IVZINGOLD?

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 IVZINGOLD?

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 IVZINGOLD 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 INVESCO INDIA GOLD ETF (IVZINGOLD) Margin Trading

INVESCO INDIA GOLD ETF (IVZINGOLD) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 2 major Indian brokers: Upstox, Dhan. MTF allows you to buy IVZINGOLD shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Upstox offers the best MTF margin of 31.84% for IVZINGOLD. This means you can buy ₹1,00,000 worth of INVESCO INDIA GOLD ETF shares by paying just ₹31,840, with Upstox funding the remaining ₹68,160.

MTF Interest Rates for IVZINGOLD — Broker Comparison

The cost of holding IVZINGOLD 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 IVZINGOLD 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 IVZINGOLD 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 1958+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade IVZINGOLD directly through our Scalper Terminal.