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JSW Holdings (JSWHL) - MTF Margin Comparison

Exchange: NSE · Available on 8 brokers · Updated daily

Best MTF Rate: 34.51% on Anand Rathi(2.9x leverage)

Fundamentals Snapshot

Mid Cap
CMP
₹12,341
PE
92.3
ROE
0.5%
ROCE
0.5%
P/B
0.41
Mkt Cap
₹13,707 Cr

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

MTF Margin Comparison - JSWHL

Upstox
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
BEST
Anand Rathi
34.51%
Margin Required
Leverage2.9x
You Pay3,451
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Share India
35.20%
Margin Required
Leverage2.8x
You Pay3,520
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

JSW Holdings - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiShare India
MTF Margin35.00%50.00%35.00%100.00%100.00%50.00%34.51%35.20%
Leverage2.9x2.0x2.9x1.0x1.0x2.0x2.9x2.8x
You Pay (per ₹1L)35,00050,00035,0001,00,0001,00,00050,00034,51035,200
Broker Funds (per ₹1L)65,00050,00065,0000050,00065,49064,800
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%14.99%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 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-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 ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (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 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 shortfall

Anand Rathi offers the best margin of 34.51% for JSWHL, while Kotak Neo requires 100.00% - a difference of 65.49 percentage points. This means you save ₹65,490 per ₹1 lakh invested by choosing Anand Rathi.

JSWHL 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 capital50,000
Broker funds50,000
Daily interest20
30-day cost600
Annual cost7,300
Dhan
Your capital35,000
Broker funds65,000
Daily interest22
30-day cost667
Annual cost8,119
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Paytm Money
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Pocketful
Your capital50,000
Broker funds50,000
Daily interest8
30-day cost246
Annual cost2,995
Anand Rathi
Your capital34,510
Broker funds65,490
Daily interest27
30-day cost807
Annual cost9,817
Share India
Your capital35,200
Broker funds64,800
Daily interest27
30-day cost798
Annual cost9,714

* 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 JSWHL with MTF?

If you invest
10,000
Stock value you hold28,977
Anand Rathi funds18,977
Margin used34.51%
If you invest
50,000
Stock value you hold1,44,886
Anand Rathi funds94,886
Margin used34.51%
If you invest
1,00,000
Stock value you hold2,89,771
Anand Rathi funds1,89,771
Margin used34.51%

Frequently Asked Questions - JSWHL MTF

What is the MTF margin for JSWHL?

Upstox: 35.00%, Zerodha: 50.00%, Dhan: 35.00%, Kotak Neo: 100.00%, Paytm Money: 100.00%, Pocketful: 50.00%, Anand Rathi: 34.51%, Share India: 35.20%. The lowest margin is 34.51% on Anand Rathi, meaning you only need to pay ₹3451 to buy ₹10,000 worth of JSW Holdings shares.

Which broker is cheapest for JSWHL MTF?

For margin percentage, Anand Rathi offers the lowest at 34.51% (2.9x 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 JSWHL 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 JSWHL on margin?

Yes, JSW Holdings (JSWHL) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, 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 JSWHL 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 JSWHL?

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 JSWHL?

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 JSWHL 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 JSW Holdings (JSWHL) Margin Trading

JSW Holdings (JSWHL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 8 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Share India. MTF allows you to buy JSWHL 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 34.51% for JSWHL. This means you can buy ₹1,00,000 worth of JSW Holdings shares by paying just ₹34,510, with Anand Rathi funding the remaining ₹65,490.

MTF Interest Rates for JSWHL - Broker Comparison

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