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SKY GOLD AND DIAMONDS LTD (SKYGOLD) — MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 37.89% on Upstox(2.6x leverage)

MTF Margin Comparison — SKYGOLD

BEST
Upstox
37.89%
Margin Required
Leverage2.6x
You Pay3,789
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
37.89%
Margin Required
Leverage2.6x
You Pay3,789
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
Dhan
50%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

SKY GOLD AND DIAMONDS LTD — Complete Broker Comparison

ParameterUpstoxZerodhaDhan
MTF Margin37.89%37.89%50%
Leverage2.6x2.6x2.0x
You Pay (per ₹1L)37,89037,89050,000
Broker Funds (per ₹1L)62,11062,11050,000
Interest Rate (p.a.)18.25%14.6%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or ₹20/order (whichever is lower)₹20 per order
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISIN₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limit₹1 crore (₹20L per stock)
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin coverage < 20%

Upstox offers the best margin of 37.89% for SKYGOLD, while Dhan requires 50% — a difference of 12.1 percentage points. This means you save ₹12,110 per ₹1 lakh invested by choosing Upstox.

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

Upstox
Your capital37,890
Broker funds62,110
Daily interest31
30-day cost932
Annual cost11,335
Zerodha
Your capital37,890
Broker funds62,110
Daily interest25
30-day cost745
Annual cost9,068
Dhan
Your capital50,000
Broker funds50,000
Daily interest17
30-day cost513
Annual cost6,245

* 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 SKYGOLD with MTF?

If you invest
10,000
Stock value you hold26,392
Upstox funds16,392
Margin used37.89%
If you invest
50,000
Stock value you hold1,31,961
Upstox funds81,961
Margin used37.89%
If you invest
1,00,000
Stock value you hold2,63,922
Upstox funds1,63,922
Margin used37.89%

Frequently Asked Questions — SKYGOLD MTF

What is the MTF margin for SKYGOLD?

Upstox: 37.89%, Zerodha: 37.89%, Dhan: 50%. The lowest margin is 37.89% on Upstox, meaning you only need to pay ₹3789 to buy ₹10,000 worth of SKY GOLD AND DIAMONDS LTD shares.

Which broker is cheapest for SKYGOLD MTF?

For margin percentage, Upstox offers the lowest at 37.89% (2.6x 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 SKYGOLD 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 SKYGOLD on margin?

Yes, SKY GOLD AND DIAMONDS LTD (SKYGOLD) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan. 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 SKYGOLD 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 SKYGOLD?

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 SKYGOLD?

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 SKYGOLD 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 SKY GOLD AND DIAMONDS LTD (SKYGOLD) Margin Trading

SKY GOLD AND DIAMONDS LTD (SKYGOLD) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Upstox, Zerodha, Dhan. MTF allows you to buy SKYGOLD shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Upstox offers the best MTF margin of 37.89% for SKYGOLD. This means you can buy ₹1,00,000 worth of SKY GOLD AND DIAMONDS LTD shares by paying just ₹37,890, with Upstox funding the remaining ₹62,110.

MTF Interest Rates for SKYGOLD — Broker Comparison

The cost of holding SKYGOLD 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 SKYGOLD 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 SKYGOLD 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 1837+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade SKYGOLD directly through our Scalper Terminal.