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Modis Navnirman Limited (MODIS) - MTF Margin Comparison

Exchange: NSE · Available on 4 brokers · Updated daily

Best MTF Rate: 33.63% on Share India(3.0x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹335
PE
22.4
ROE
23.6%
ROCE
29.6%
P/B
4.19
Mkt Cap
₹655 Cr

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

MTF Margin Comparison - MODIS

Zerodha
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Kotak Neo
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Pocketful
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
BEST
Share India
33.63%
Margin Required
Leverage3.0x
You Pay3,363
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Modis Navnirman Limited - Complete Broker Comparison

ParameterZerodhaKotak NeoPocketfulShare India
MTF Margin50.00%100.00%50.00%33.63%
Leverage2.0x1.0x2.0x3.0x
You Pay (per ₹1L)50,0001,00,00050,00033,630
Broker Funds (per ₹1L)50,000050,00066,370
Interest Rate (p.a.)14.6%9.95%5.99%14.99%
Daily Interest Cost₹40 per lakh/day~₹27 per lakh/day~₹27 per lakh/daysee broker
Brokerage0.3% or Rs. 20/executed order, whichever is lower₹20/order or 0.1%₹20/orderplan-based
Pledge Charges₹15 + GST per pledge and unpledge request per ISIN₹20 + GST per ISIN₹20 + GST per ISINper ISIN
Max Holding PeriodUnlimited (maintain margins daily)No Time LimitUnlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing LimitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin falls below minimumAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Share India offers the best margin of 33.63% for MODIS, while Kotak Neo requires 100.00% - a difference of 66.37 percentage points. This means you save ₹66,370 per ₹1 lakh invested by choosing Share India.

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

Zerodha
Your capital50,000
Broker funds50,000
Daily interest20
30-day cost600
Annual cost7,300
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Pocketful
Your capital50,000
Broker funds50,000
Daily interest8
30-day cost246
Annual cost2,995
Share India
Your capital33,630
Broker funds66,370
Daily interest27
30-day cost818
Annual cost9,949

* 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 MODIS with MTF?

If you invest
10,000
Stock value you hold29,735
Share India funds19,735
Margin used33.63%
If you invest
50,000
Stock value you hold1,48,677
Share India funds98,677
Margin used33.63%
If you invest
1,00,000
Stock value you hold2,97,354
Share India funds1,97,354
Margin used33.63%

Frequently Asked Questions - MODIS MTF

What is the MTF margin for MODIS?

Zerodha: 50.00%, Kotak Neo: 100.00%, Pocketful: 50.00%, Share India: 33.63%. The lowest margin is 33.63% on Share India, meaning you only need to pay ₹3363.0000000000005 to buy ₹10,000 worth of Modis Navnirman Limited shares.

Which broker is cheapest for MODIS MTF?

For margin percentage, Share India offers the lowest at 33.63% (3.0x 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 MODIS 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 MODIS on margin?

Yes, Modis Navnirman Limited (MODIS) is available for Margin Trading Facility (MTF) on Zerodha, Kotak Neo, Pocketful, 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 MODIS 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 MODIS?

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 MODIS?

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 MODIS 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 Modis Navnirman Limited (MODIS) Margin Trading

Modis Navnirman Limited (MODIS) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 4 major Indian brokers: Zerodha, Kotak Neo, Pocketful, Share India. MTF allows you to buy MODIS shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Share India offers the best MTF margin of 33.63% for MODIS. This means you can buy ₹1,00,000 worth of Modis Navnirman Limited shares by paying just ₹33,630, with Share India funding the remaining ₹66,370.

MTF Interest Rates for MODIS - Broker Comparison

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