Kennametal India Limited (KENNAMET) - MTF Margin Comparison
Exchange: NSE · Available on 7 brokers · Updated daily
Fundamentals Snapshot
Fundamentals updated 24 JulSmall CapFundamentals from the Downstox Value Screener (Nifty 500 universe, updated daily). Not investment advice.
MTF Margin Comparison - KENNAMET
Kennametal India Limited - Complete Broker Comparison
| Parameter | Upstox | Zerodha | Groww | Kotak Neo | Paytm Money | Pocketful | Share India |
|---|---|---|---|---|---|---|---|
| MTF Margin | 35.00% | 50.00% | 34.42% | 100.00% | 34.42% | 50.00% | 50.00% |
| Leverage | 2.9x | 2.0x | 2.9x | 1.0x | 2.9x | 2.0x | 2.0x |
| You Pay (per ₹1L) | ₹35,000 | ₹50,000 | ₹34,420 | ₹1,00,000 | ₹34,420 | ₹50,000 | ₹50,000 |
| Broker Funds (per ₹1L) | ₹65,000 | ₹50,000 | ₹65,580 | ₹0 | ₹65,580 | ₹50,000 | ₹50,000 |
| Interest Rate (p.a.) | 18.25% | 14.6% | 14.95% | 9.69% | 7.99% | 5.99% | 14.99% |
| Daily Interest Cost | ₹20 per ₹40,000 slab/day | ₹40 per lakh/day | ₹41 per lakh/day | ~₹27 per lakh/day | slab-based | ~₹27 per lakh/day | see broker |
| Brokerage | 0.1% or ₹20/order (whichever is lower) | 0.3% or Rs. 20/executed order, whichever is lower | 0.1% per order | ₹20/order or 0.1% | 0.1% of trade value | Minimal broker charges, no hidden fees. | plan-based |
| Pledge Charges | ₹20 per stock (one-time) | ₹15 + GST per pledge request | ₹20 per order | ₹20 + GST per ISIN | ₹20/- per Transaction | ₹20 + GST per ISIN | per ISIN |
| Max Holding Period | Unlimited | Unlimited (maintain margins daily) | Unlimited (maintain margins) | No Time Limit | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) |
| Max Borrowing Limit | ₹25 lakh | No published limit | No published limit | No published limit | No published limit | No published limit | No published limit |
| Auto Square-Off | Auto square-off if margin shortfall not met by T+4 | Auto square-off if margin falls below minimum | Auto-liquidation if margin falls below requirement | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall |
Groww offers the best margin of 34.42% for KENNAMET, while Kotak Neo requires 100.00% - a difference of 65.58 percentage points. This means you save ₹65,580 per ₹1 lakh invested by choosing Groww.
KENNAMET MTF Interest Cost Calculator (per ₹1 Lakh Investment)
* 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 KENNAMET with MTF?
Frequently Asked Questions - KENNAMET MTF
What is the MTF margin for KENNAMET?
Which broker is cheapest for KENNAMET MTF?
What interest rate do brokers charge on KENNAMET MTF?
Can I buy KENNAMET on margin?
How long can I hold KENNAMET on MTF?
What are the pledge charges for KENNAMET?
What happens if margin falls below minimum for KENNAMET?
What is the maximum borrowing limit for KENNAMET MTF?
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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 Kennametal India Limited (KENNAMET) Margin Trading
Kennametal India Limited (KENNAMET) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 7 major Indian brokers: Upstox, Zerodha, Groww, Kotak Neo, Paytm Money, Pocketful, Share India. MTF allows you to buy KENNAMET shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Groww offers the best MTF margin of 34.42% for KENNAMET. This means you can buy ₹1,00,000 worth of Kennametal India Limited shares by paying just ₹34,420, with Groww funding the remaining ₹65,580.
MTF Interest Rates for KENNAMET - Broker Comparison
The cost of holding KENNAMET 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 KENNAMET 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 KENNAMET 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 1903+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade KENNAMET directly through our Scalper Terminal.