MO

Motilal Oswal BSE Top 10 Banks ETF (MOBANK10) - MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

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

MTF Margin Comparison - MOBANK10

BEST
Upstox
26.50%
Margin Required
Leverage3.8x
You Pay2,650
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Groww
26.50%
Margin Required
Leverage3.8x
You Pay2,650
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Share India
26.50%
Margin Required
Leverage3.8x
You Pay2,650
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Motilal Oswal BSE Top 10 Banks ETF - Complete Broker Comparison

ParameterUpstoxGrowwShare India
MTF Margin26.50%26.50%26.50%
Leverage3.8x3.8x3.8x
You Pay (per ₹1L)26,50026,50026,500
Broker Funds (per ₹1L)73,50073,50073,500
Interest Rate (p.a.)18.25%14.95%14.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹41 per lakh/daysee broker
Brokerage0.1% or ₹20/order (whichever is lower)0.1% per orderplan-based
Pledge Charges₹20 per stock (one-time)₹20 per orderper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto-liquidation if margin falls below requirementAuto square-off on margin shortfall

MOBANK10 MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital26,500
Broker funds73,500
Daily interest37
30-day cost1,103
Annual cost13,414
Groww
Your capital26,500
Broker funds73,500
Daily interest30
30-day cost903
Annual cost10,988
Share India
Your capital26,500
Broker funds73,500
Daily interest30
30-day cost906
Annual cost11,018

* 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 MOBANK10 with MTF?

If you invest
10,000
Stock value you hold37,736
Upstox funds27,736
Margin used26.50%
If you invest
50,000
Stock value you hold1,88,679
Upstox funds1,38,679
Margin used26.50%
If you invest
1,00,000
Stock value you hold3,77,358
Upstox funds2,77,358
Margin used26.50%

Frequently Asked Questions - MOBANK10 MTF

What is the MTF margin for MOBANK10?

Upstox: 26.50%, Groww: 26.50%, Share India: 26.50%. The lowest margin is 26.50% on Upstox, meaning you only need to pay ₹2650 to buy ₹10,000 worth of Motilal Oswal BSE Top 10 Banks ETF shares.

Which broker is cheapest for MOBANK10 MTF?

For margin percentage, Upstox 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 MOBANK10 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 MOBANK10 on margin?

Yes, Motilal Oswal BSE Top 10 Banks ETF (MOBANK10) is available for Margin Trading Facility (MTF) on Upstox, Groww, 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 MOBANK10 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 MOBANK10?

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 MOBANK10?

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 MOBANK10 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.

Compare Other MTF Stocks

Compare All 1903+ MTF Stocks

Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About Motilal Oswal BSE Top 10 Banks ETF (MOBANK10) Margin Trading

Motilal Oswal BSE Top 10 Banks ETF (MOBANK10) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Upstox, Groww, Share India. MTF allows you to buy MOBANK10 shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Upstox offers the best MTF margin of 26.50% for MOBANK10. This means you can buy ₹1,00,000 worth of Motilal Oswal BSE Top 10 Banks ETF shares by paying just ₹26,500, with Upstox funding the remaining ₹73,500.

MTF Interest Rates for MOBANK10 - Broker Comparison

The cost of holding MOBANK10 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 MOBANK10 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 MOBANK10 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 MOBANK10 directly through our Scalper Terminal.