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LIC MF - LIC GOLD ETF (LICMFGOLD) - MTF Margin Comparison

Exchange: NSE · Available on 7 brokers · Updated daily

Best MTF Rate: 29.82% on Upstox(3.4x leverage)

MTF Margin Comparison - LICMFGOLD

BEST
Upstox
29.82%
Margin Required
Leverage3.4x
You Pay2,982
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
29.82%
Margin Required
Leverage3.4x
You Pay2,982
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
30.00%
Margin Required
Leverage3.3x
You Pay3,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
30.03%
Margin Required
Leverage3.3x
You Pay3,003
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
30.00%
Margin Required
Leverage3.3x
You Pay3,000
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Anand Rathi
29.82%
Margin Required
Leverage3.4x
You Pay2,982
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Share India
30.10%
Margin Required
Leverage3.3x
You Pay3,010
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

LIC MF - LIC GOLD ETF - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyAnand RathiShare India
MTF Margin29.82%29.82%30.00%30.03%30.00%29.82%30.10%
Leverage3.4x3.4x3.3x3.3x3.3x3.4x3.3x
You Pay (per ₹1L)29,82029,82030,00030,03030,00029,82030,100
Broker Funds (per ₹1L)70,18070,18070,00069,97070,00070,18069,900
Interest Rate (p.a.)18.25%14.6%12.49%9.69%14.99%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-basedsee 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%see 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 ISINper ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (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 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 shortfall

Upstox offers the best margin of 29.82% for LICMFGOLD, while Share India requires 30.10% - a difference of 0.28 percentage points.

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

Upstox
Your capital29,820
Broker funds70,180
Daily interest35
30-day cost1,053
Annual cost12,808
Zerodha
Your capital29,820
Broker funds70,180
Daily interest28
30-day cost842
Annual cost10,246
Dhan
Your capital30,000
Broker funds70,000
Daily interest24
30-day cost719
Annual cost8,743
Kotak Neo
Your capital30,030
Broker funds69,970
Daily interest19
30-day cost557
Annual cost6,780
Paytm Money
Your capital30,000
Broker funds70,000
Daily interest29
30-day cost862
Annual cost10,493
Anand Rathi
Your capital29,820
Broker funds70,180
Daily interest29
30-day cost865
Annual cost10,520
Share India
Your capital30,100
Broker funds69,900
Daily interest29
30-day cost861
Annual cost10,478

* 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 LICMFGOLD with MTF?

If you invest
10,000
Stock value you hold33,535
Upstox funds23,535
Margin used29.82%
If you invest
50,000
Stock value you hold1,67,673
Upstox funds1,17,673
Margin used29.82%
If you invest
1,00,000
Stock value you hold3,35,345
Upstox funds2,35,345
Margin used29.82%

Frequently Asked Questions - LICMFGOLD MTF

What is the MTF margin for LICMFGOLD?

Upstox: 29.82%, Zerodha: 29.82%, Dhan: 30.00%, Kotak Neo: 30.03%, Paytm Money: 30.00%, Anand Rathi: 29.82%, Share India: 30.10%. The lowest margin is 29.82% on Upstox, meaning you only need to pay ₹2982 to buy ₹10,000 worth of LIC MF - LIC GOLD ETF shares.

Which broker is cheapest for LICMFGOLD MTF?

For margin percentage, Upstox offers the lowest at 29.82% (3.4x 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 LICMFGOLD 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 LICMFGOLD on margin?

Yes, LIC MF - LIC GOLD ETF (LICMFGOLD) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, 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 LICMFGOLD 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 LICMFGOLD?

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 LICMFGOLD?

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 LICMFGOLD 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 LIC MF - LIC GOLD ETF (LICMFGOLD) Margin Trading

LIC MF - LIC GOLD ETF (LICMFGOLD) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 7 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Anand Rathi, Share India. MTF allows you to buy LICMFGOLD shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Upstox offers the best MTF margin of 29.82% for LICMFGOLD. This means you can buy ₹1,00,000 worth of LIC MF - LIC GOLD ETF shares by paying just ₹29,820, with Upstox funding the remaining ₹70,180.

MTF Interest Rates for LICMFGOLD - Broker Comparison

The cost of holding LICMFGOLD 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 LICMFGOLD 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 LICMFGOLD 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 2026+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade LICMFGOLD directly through our Scalper Terminal.