Le Merite Exports Limited(Fresh Mtf Buying Is Not Allowed) (LEMERITE) - MTF Margin Comparison

Exchange: NSE · Available on 2 brokers · Updated daily

Best MTF Rate: 26.50% on Pocketful(3.8x leverage)

Fundamentals Snapshot

Small Cap

CMP

₹22

23.8

ROE

9.3%

ROCE

9.9%

P/B

2.04

Mkt Cap

₹276 Cr

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

MTF Margin Comparison - LEMERITE

Kotak Neo

100.00%

Margin Required

Leverage1.0x

You Pay₹10,000

You Get₹10,000

Interest9.95% p.a.

Max HoldNo Time Limit

BEST

Pocketful

26.50%

Margin Required

Leverage3.8x

You Pay₹2,650

You Get₹10,000

Interest5.99% p.a.

Max HoldUnlimited

Le Merite Exports Limited(Fresh Mtf Buying Is Not Allowed) - Complete Broker Comparison

Parameter	Kotak Neo	Pocketful
MTF Margin	100.00%	26.50%
Leverage	1.0x	3.8x
You Pay (per ₹1L)	₹1,00,000	₹26,500
Broker Funds (per ₹1L)	₹0	₹73,500
Interest Rate (p.a.)	9.95%	5.99%
Daily Interest Cost	~₹27 per lakh/day	~₹27 per lakh/day
Brokerage	₹20/order or 0.1%	₹20/order
Pledge Charges	₹20 + GST per ISIN	₹20 + GST per ISIN
Max Holding Period	No Time Limit	Unlimited (maintain margins)
Max Borrowing Limit	No published limit	No published limit
Auto Square-Off	Auto square-off on margin shortfall	Auto square-off on margin shortfall

Pocketful offers the best margin of 26.50% for LEMERITE, while Kotak Neo requires 100.00% - a difference of 73.50 percentage points. This means you save ₹73,500 per ₹1 lakh invested by choosing Pocketful.

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

Kotak Neo

Your capital₹1,00,000

Broker funds₹0

Daily interest₹0

30-day cost₹0

Annual cost₹0

Pocketful

Your capital₹26,500

Broker funds₹73,500

Daily interest₹12

30-day cost₹362

Annual cost₹4,403

* 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 LEMERITE with MTF?

If you invest

₹10,000

Stock value you hold₹37,736

Pocketful funds₹27,736

Margin used26.50%

If you invest

₹50,000

Stock value you hold₹1,88,679

Pocketful funds₹1,38,679

Margin used26.50%

If you invest

₹1,00,000

Stock value you hold₹3,77,358

Pocketful funds₹2,77,358

Margin used26.50%

Frequently Asked Questions - LEMERITE MTF

What is the MTF margin for LEMERITE?

Kotak Neo: 100.00%, Pocketful: 26.50%. The lowest margin is 26.50% on Pocketful, meaning you only need to pay ₹2650 to buy ₹10,000 worth of Le Merite Exports Limited(Fresh Mtf Buying Is Not Allowed) shares.

Which broker is cheapest for LEMERITE MTF?

For margin percentage, Pocketful offers the lowest at 26.50% (3.8x 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 LEMERITE 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 LEMERITE on margin?

Yes, Le Merite Exports Limited(Fresh Mtf Buying Is Not Allowed) (LEMERITE) is available for Margin Trading Facility (MTF) on Kotak Neo, Pocketful. 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 LEMERITE 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 LEMERITE?

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 LEMERITE?

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 LEMERITE 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 Le Merite Exports Limited(Fresh Mtf Buying Is Not Allowed) (LEMERITE) Margin Trading

Le Merite Exports Limited(Fresh Mtf Buying Is Not Allowed) (LEMERITE) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 2 major Indian brokers: Kotak Neo, Pocketful. MTF allows you to buy LEMERITE shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Pocketful offers the best MTF margin of 26.50% for LEMERITE. This means you can buy ₹1,00,000 worth of Le Merite Exports Limited(Fresh Mtf Buying Is Not Allowed) shares by paying just ₹26,500, with Pocketful funding the remaining ₹73,500.

MTF Interest Rates for LEMERITE - Broker Comparison

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