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Paras Defence and Space Technologies (PARAS) - MTF Margin Comparison

Exchange: NSE · Available on 7 brokers · Updated daily

Best MTF Rate: 37.60% on Share India(2.7x leverage)

Fundamentals Snapshot

Mid Cap
CMP
₹1,294
PE
121.0
ROE
12.6%
ROCE
16.9%
Div Yield
0.02%
P/B
14.38
Mkt Cap
₹10,428 Cr

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

MTF Margin Comparison - PARAS

Zerodha
40.78%
Margin Required
Leverage2.5x
You Pay4,078
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
40.77%
Margin Required
Leverage2.5x
You Pay4,077
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Kotak Neo
40.82%
Margin Required
Leverage2.4x
You Pay4,082
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
37.61%
Margin Required
Leverage2.7x
You Pay3,761
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
BEST
Share India
37.60%
Margin Required
Leverage2.7x
You Pay3,760
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Paras Defence and Space Technologies - Complete Broker Comparison

ParameterZerodhaGrowwKotak NeoPaytm MoneyPocketfulAnand RathiShare India
MTF Margin40.78%40.77%40.82%100.00%37.61%100.00%37.60%
Leverage2.5x2.5x2.4x1.0x2.7x1.0x2.7x
You Pay (per ₹1L)40,78040,77040,8201,00,00037,6101,00,00037,600
Broker Funds (per ₹1L)59,22059,23059,180062,390062,400
Interest Rate (p.a.)14.6%14.95%9.95%14.99%5.99%14.99%14.99%
Daily Interest Cost₹40 per lakh/day₹41 per lakh/day~₹27 per lakh/dayslab-based~₹27 per lakh/daysee brokersee broker
Brokerage0.3% or Rs. 20/executed order, whichever is lower₹20 per order (flat)₹20/order or 0.1%₹20/order or 0.05%₹20/ordersee planplan-based
Pledge Charges₹15 + GST per pledge and unpledge request per ISINAuto-pledged (included)₹20 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISINper ISINper ISIN
Max Holding PeriodUnlimited (maintain margins daily)Unlimited (maintain margins)No Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing LimitNo published limitNo published limitNo published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin falls below minimumAuto-liquidation if margin falls below requirementAuto 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

Share India offers the best margin of 37.60% for PARAS, while Paytm Money requires 100.00% - a difference of 62.40 percentage points. This means you save ₹62,400 per ₹1 lakh invested by choosing Share India.

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

Zerodha
Your capital40,780
Broker funds59,220
Daily interest24
30-day cost711
Annual cost8,646
Groww
Your capital40,770
Broker funds59,230
Daily interest24
30-day cost728
Annual cost8,855
Kotak Neo
Your capital40,820
Broker funds59,180
Daily interest16
30-day cost484
Annual cost5,888
Paytm Money
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Pocketful
Your capital37,610
Broker funds62,390
Daily interest10
30-day cost307
Annual cost3,737
Anand Rathi
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Share India
Your capital37,600
Broker funds62,400
Daily interest26
30-day cost769
Annual cost9,354

* 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 PARAS with MTF?

If you invest
10,000
Stock value you hold26,596
Share India funds16,596
Margin used37.60%
If you invest
50,000
Stock value you hold1,32,979
Share India funds82,979
Margin used37.60%
If you invest
1,00,000
Stock value you hold2,65,957
Share India funds1,65,957
Margin used37.60%

Frequently Asked Questions - PARAS MTF

What is the MTF margin for PARAS?

Zerodha: 40.78%, Groww: 40.77%, Kotak Neo: 40.82%, Paytm Money: 100.00%, Pocketful: 37.61%, Anand Rathi: 100.00%, Share India: 37.60%. The lowest margin is 37.60% on Share India, meaning you only need to pay ₹3760 to buy ₹10,000 worth of Paras Defence and Space Technologies shares.

Which broker is cheapest for PARAS MTF?

For margin percentage, Share India offers the lowest at 37.60% (2.7x 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 PARAS 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 PARAS on margin?

Yes, Paras Defence and Space Technologies (PARAS) is available for Margin Trading Facility (MTF) on Zerodha, Groww, Kotak Neo, Paytm Money, Pocketful, 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 PARAS 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 PARAS?

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 PARAS?

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 PARAS 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 Paras Defence and Space Technologies (PARAS) Margin Trading

Paras Defence and Space Technologies (PARAS) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 7 major Indian brokers: Zerodha, Groww, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Share India. MTF allows you to buy PARAS 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 37.60% for PARAS. This means you can buy ₹1,00,000 worth of Paras Defence and Space Technologies shares by paying just ₹37,600, with Share India funding the remaining ₹62,400.

MTF Interest Rates for PARAS - Broker Comparison

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