MA

Max Healthcare (MAXHEALTH) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 22.57% on Kotak Neo(4.4x leverage)

Fundamentals Snapshot

HealthcareMega Cap
CMP
₹1,153
PE
75.6
ROE
14.8%
ROCE
14.7%
Div Yield
0.17%
P/B
10.48
Mkt Cap
₹1,12,249 Cr

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

MTF Margin Comparison - MAXHEALTH

Upstox
29.58%
Margin Required
Leverage3.4x
You Pay2,958
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
25.20%
Margin Required
Leverage4.0x
You Pay2,520
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
24.00%
Margin Required
Leverage4.2x
You Pay2,400
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
BEST
Kotak Neo
22.57%
Margin Required
Leverage4.4x
You Pay2,257
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
22.58%
Margin Required
Leverage4.4x
You Pay2,258
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
29.43%
Margin Required
Leverage3.4x
You Pay2,943
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
29.58%
Margin Required
Leverage3.4x
You Pay2,958
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
25.00%
Margin Required
Leverage4.0x
You Pay2,500
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
29.54%
Margin Required
Leverage3.4x
You Pay2,954
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Max Healthcare - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin29.58%25.20%24.00%22.57%22.58%29.43%29.58%25.00%29.54%
Leverage3.4x4.0x4.2x4.4x4.4x3.4x3.4x4.0x3.4x
You Pay (per ₹1L)29,58025,20024,00022,57022,58029,43029,58025,00029,540
Broker Funds (per ₹1L)70,42074,80076,00077,43077,42070,57070,42075,00070,460
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%14.99%18%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 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-basedplan-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 ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (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 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 shortfallAuto square-off on margin shortfall

Kotak Neo offers the best margin of 22.57% for MAXHEALTH, while Upstox requires 29.58% - a difference of 7.01 percentage points. This means you save ₹7,010 per ₹1 lakh invested by choosing Kotak Neo.

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

Upstox
Your capital29,580
Broker funds70,420
Daily interest35
30-day cost1,056
Annual cost12,852
Zerodha
Your capital25,200
Broker funds74,800
Daily interest30
30-day cost898
Annual cost10,921
Dhan
Your capital24,000
Broker funds76,000
Daily interest26
30-day cost780
Annual cost9,492
Kotak Neo
Your capital22,570
Broker funds77,430
Daily interest21
30-day cost633
Annual cost7,704
Paytm Money
Your capital22,580
Broker funds77,420
Daily interest32
30-day cost954
Annual cost11,605
Pocketful
Your capital29,430
Broker funds70,570
Daily interest12
30-day cost347
Annual cost4,227
Anand Rathi
Your capital29,580
Broker funds70,420
Daily interest29
30-day cost868
Annual cost10,556
Bajaj Broking
Your capital25,000
Broker funds75,000
Daily interest37
30-day cost1,110
Annual cost13,500
Share India
Your capital29,540
Broker funds70,460
Daily interest29
30-day cost868
Annual cost10,562

* 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 MAXHEALTH with MTF?

If you invest
10,000
Stock value you hold44,307
Kotak Neo funds34,307
Margin used22.57%
If you invest
50,000
Stock value you hold2,21,533
Kotak Neo funds1,71,533
Margin used22.57%
If you invest
1,00,000
Stock value you hold4,43,066
Kotak Neo funds3,43,066
Margin used22.57%

Frequently Asked Questions - MAXHEALTH MTF

What is the MTF margin for MAXHEALTH?

Upstox: 29.58%, Zerodha: 25.20%, Dhan: 24.00%, Kotak Neo: 22.57%, Paytm Money: 22.58%, Pocketful: 29.43%, Anand Rathi: 29.58%, Bajaj Broking: 25.00%, Share India: 29.54%. The lowest margin is 22.57% on Kotak Neo, meaning you only need to pay ₹2257 to buy ₹10,000 worth of Max Healthcare shares.

Which broker is cheapest for MAXHEALTH MTF?

For margin percentage, Kotak Neo offers the lowest at 22.57% (4.4x 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 MAXHEALTH 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 MAXHEALTH on margin?

Yes, Max Healthcare (MAXHEALTH) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, 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 MAXHEALTH 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 MAXHEALTH?

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 MAXHEALTH?

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 MAXHEALTH 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 Max Healthcare (MAXHEALTH) Margin Trading

Max Healthcare (MAXHEALTH) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 9 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy MAXHEALTH shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Kotak Neo offers the best MTF margin of 22.57% for MAXHEALTH. This means you can buy ₹1,00,000 worth of Max Healthcare shares by paying just ₹22,570, with Kotak Neo funding the remaining ₹77,430.

MTF Interest Rates for MAXHEALTH - Broker Comparison

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