PH

The Phoenix Mills (PHOENIXLTD) - MTF Margin Comparison

Exchange: NSE · Available on 10 brokers · Updated daily

Best MTF Rate: 23.31% on Paytm Money(4.3x leverage)

Fundamentals Snapshot

Large Cap
CMP
₹2,048
PE
59.0
ROE
11.6%
ROCE
12.8%
Div Yield
0.12%
P/B
6.67
Mkt Cap
₹73,298 Cr

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

MTF Margin Comparison - PHOENIXLTD

Upstox
30.31%
Margin Required
Leverage3.3x
You Pay3,031
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
25.80%
Margin Required
Leverage3.9x
You Pay2,580
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
25.83%
Margin Required
Leverage3.9x
You Pay2,583
You Get₹10,000
Interest14.95% 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
Kotak Neo
25.00%
Margin Required
Leverage4.0x
You Pay2,500
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
BEST
Paytm Money
23.31%
Margin Required
Leverage4.3x
You Pay2,331
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
30.77%
Margin Required
Leverage3.2x
You Pay3,077
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
30.30%
Margin Required
Leverage3.3x
You Pay3,030
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
26.00%
Margin Required
Leverage3.8x
You Pay2,600
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
30.45%
Margin Required
Leverage3.3x
You Pay3,045
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

The Phoenix Mills - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin30.31%25.80%25.83%24.00%25.00%23.31%30.77%30.30%26.00%30.45%
Leverage3.3x3.9x3.9x4.2x4.0x4.3x3.2x3.3x3.8x3.3x
You Pay (per ₹1L)30,31025,80025,83024,00025,00023,31030,77030,30026,00030,450
Broker Funds (per ₹1L)69,69074,20074,17076,00075,00076,69069,23069,70074,00069,550
Interest Rate (p.a.)18.25%14.6%14.95%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₹41 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 (flat)₹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 ISINAuto-pledged (included)₹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 (maintain margins)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 limitNo 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 falls below requirementAuto-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

Paytm Money offers the best margin of 23.31% for PHOENIXLTD, while Pocketful requires 30.77% - a difference of 7.46 percentage points. This means you save ₹7,460 per ₹1 lakh invested by choosing Paytm Money.

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

Upstox
Your capital30,310
Broker funds69,690
Daily interest35
30-day cost1,045
Annual cost12,718
Zerodha
Your capital25,800
Broker funds74,200
Daily interest30
30-day cost890
Annual cost10,833
Groww
Your capital25,830
Broker funds74,170
Daily interest30
30-day cost911
Annual cost11,088
Dhan
Your capital24,000
Broker funds76,000
Daily interest26
30-day cost780
Annual cost9,492
Kotak Neo
Your capital25,000
Broker funds75,000
Daily interest20
30-day cost613
Annual cost7,462
Paytm Money
Your capital23,310
Broker funds76,690
Daily interest31
30-day cost945
Annual cost11,496
Pocketful
Your capital30,770
Broker funds69,230
Daily interest11
30-day cost341
Annual cost4,147
Anand Rathi
Your capital30,300
Broker funds69,700
Daily interest29
30-day cost859
Annual cost10,448
Bajaj Broking
Your capital26,000
Broker funds74,000
Daily interest36
30-day cost1,095
Annual cost13,320
Share India
Your capital30,450
Broker funds69,550
Daily interest29
30-day cost857
Annual cost10,426

* 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 PHOENIXLTD with MTF?

If you invest
10,000
Stock value you hold42,900
Paytm Money funds32,900
Margin used23.31%
If you invest
50,000
Stock value you hold2,14,500
Paytm Money funds1,64,500
Margin used23.31%
If you invest
1,00,000
Stock value you hold4,29,000
Paytm Money funds3,29,000
Margin used23.31%

Frequently Asked Questions - PHOENIXLTD MTF

What is the MTF margin for PHOENIXLTD?

Upstox: 30.31%, Zerodha: 25.80%, Groww: 25.83%, Dhan: 24.00%, Kotak Neo: 25.00%, Paytm Money: 23.31%, Pocketful: 30.77%, Anand Rathi: 30.30%, Bajaj Broking: 26.00%, Share India: 30.45%. The lowest margin is 23.31% on Paytm Money, meaning you only need to pay ₹2331 to buy ₹10,000 worth of The Phoenix Mills shares.

Which broker is cheapest for PHOENIXLTD MTF?

For margin percentage, Paytm Money offers the lowest at 23.31% (4.3x 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 PHOENIXLTD 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 PHOENIXLTD on margin?

Yes, The Phoenix Mills (PHOENIXLTD) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, 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 PHOENIXLTD 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 PHOENIXLTD?

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 PHOENIXLTD?

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 PHOENIXLTD 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 The Phoenix Mills (PHOENIXLTD) Margin Trading

The Phoenix Mills (PHOENIXLTD) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 10 major Indian brokers: Upstox, Zerodha, Groww, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy PHOENIXLTD shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Paytm Money offers the best MTF margin of 23.31% for PHOENIXLTD. This means you can buy ₹1,00,000 worth of The Phoenix Mills shares by paying just ₹23,310, with Paytm Money funding the remaining ₹76,690.

MTF Interest Rates for PHOENIXLTD - Broker Comparison

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