Sbi Funds Management Limited (SBIFUNDS) - MTF Margin Comparison
Exchange: NSE · Available on 3 brokers · Updated daily
Sbi Funds Management Limited results, Q4 FY26
Quarter ended 2026-03-31Showing Q4 FY26. Q1 FY27 results were due by now and are not in our data yet, so this is the latest quarter we can show rather than the latest that exists.
SBIFUNDS reported revenue of Rs 1,139 crore in Q4 FY26, which rose 19.1% from the same quarter a year earlier. Net profit was Rs 634 crore, rose 4.5% year on year. EBITDA margin stood at 76.9%.
| Metric | Q4 FY26 | QoQ | YoY | Year ago |
|---|---|---|---|---|
| Revenue | 1,138.85 Cr | +19.1% | +19.1% | 955.85 |
| EBITDA | 875.29 Cr | +5.5% | +5.5% | 829.41 |
| EBITDA margin | 76.9% | -11.4% | -11.4% | 86.8% |
| Net profit | 634.46 Cr | +4.5% | +4.5% | 607.14 |
| EPS | - | - | - | - |
Figures in rupees crore, as reported. EBITDA margin is derived from the reported EBITDA and revenue. A dash means the figure was not published for that period, never zero.
Fundamentals Snapshot
Fundamentals updated 18 AugMega CapFundamentals from the Downstox Value Screener (3,124-stock screener universe, updated daily). Not investment advice.
MTF Margin Comparison - SBIFUNDS
Sbi Funds Management Limited - Complete Broker Comparison
| Parameter | Upstox | Zerodha | Kotak Neo |
|---|---|---|---|
| MTF Margin | 35.00% | 50.00% | 50.00% |
| Leverage | 2.9x | 2.0x | 2.0x |
| You Pay (per ₹1L) | ₹35,000 | ₹50,000 | ₹50,000 |
| Broker Funds (per ₹1L) | ₹65,000 | ₹50,000 | ₹50,000 |
| Interest Rate (p.a.) | 18.25% | 14.6% | 9.69% |
| Daily Interest Cost | ₹20 per ₹40,000 slab/day | ₹40 per lakh/day | ~₹27 per lakh/day |
| Brokerage | Rs 20/day per Rs 40,000 | 0.3% or Rs. 300 per Rs. 40,000 | ₹10 per order |
| Pledge Charges | 0.01% p.a. | Payment gateway charges ₹9 + GST | ₹20 + GST per ISIN |
| Max Holding Period | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) |
| Max Borrowing Limit | ₹25 lakh | No published limit | No published limit |
| Auto Square-Off | Auto square-off if margin shortfall not met by T+4 | Auto square-off if margin falls below minimum | Auto square-off on margin shortfall |
Upstox offers the best margin of 35.00% for SBIFUNDS, while Zerodha requires 50.00% - a difference of 15.00 percentage points. With Upstox you put up ₹15,000 less upfront per ₹1 lakh of position - and borrow that much more, on which daily MTF interest accrues.
SBIFUNDS MTF Interest Cost Calculator (per ₹1 Lakh Investment)
* 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 SBIFUNDS with MTF?
Frequently Asked Questions - SBIFUNDS MTF
What is the MTF margin for SBIFUNDS?
Which broker is cheapest for SBIFUNDS MTF?
What interest rate do brokers charge on SBIFUNDS MTF?
Can I buy SBIFUNDS on margin?
How long can I hold SBIFUNDS on MTF?
What are the pledge charges for SBIFUNDS?
What happens if margin falls below minimum for SBIFUNDS?
What is the maximum borrowing limit for SBIFUNDS MTF?
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About Sbi Funds Management Limited (SBIFUNDS) Margin Trading
Sbi Funds Management Limited (SBIFUNDS) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Upstox, Zerodha, Kotak Neo. MTF allows you to buy SBIFUNDS shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Upstox offers the best MTF margin of 35.00% for SBIFUNDS. This means you can buy ₹1,00,000 worth of Sbi Funds Management Limited shares by paying just ₹35,000, with Upstox funding the remaining ₹65,000.
MTF Interest Rates for SBIFUNDS - Broker Comparison
The cost of holding SBIFUNDS 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 SBIFUNDS 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 SBIFUNDS 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 1920+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade SBIFUNDS directly through our Scalper Terminal.