UTI BSE Sensex Next 50 ETF (SNXT50BETA) - MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 17.45% on Anand Rathi(5.7x leverage)

MTF Margin Comparison - SNXT50BETA

Upstox

20.00%

Margin Required

Leverage5.0x

You Pay₹2,000

You Get₹10,000

Interest18.25% p.a.

Max HoldUnlimited

Kotak Neo

20.00%

Margin Required

Leverage5.0x

You Pay₹2,000

You Get₹10,000

Interest9.95% p.a.

Max HoldNo Time Limit

BEST

Anand Rathi

17.45%

Margin Required

Leverage5.7x

You Pay₹1,745

You Get₹10,000

Interest14.99% p.a.

Max HoldUnlimited

UTI BSE Sensex Next 50 ETF - Complete Broker Comparison

Parameter	Upstox	Kotak Neo	Anand Rathi
MTF Margin	20.00%	20.00%	17.45%
Leverage	5.0x	5.0x	5.7x
You Pay (per ₹1L)	₹20,000	₹20,000	₹17,450
Broker Funds (per ₹1L)	₹80,000	₹80,000	₹82,550
Interest Rate (p.a.)	18.25%	9.95%	14.99%
Daily Interest Cost	₹20 per ₹40,000 slab/day	~₹27 per lakh/day	see broker
Brokerage	0.1% or ₹20/order (whichever is lower)	₹20/order or 0.1%	see plan
Pledge Charges	₹20 per stock (one-time)	₹20 + GST per ISIN	per ISIN
Max Holding Period	Unlimited	No Time Limit	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 on margin shortfall	Auto square-off on margin shortfall

Anand Rathi offers the best margin of 17.45% for SNXT50BETA, while Upstox requires 20.00% - a difference of 2.55 percentage points.

SNXT50BETA MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox

Your capital₹20,000

Broker funds₹80,000

Daily interest₹40

30-day cost₹1,200

Annual cost₹14,600

Kotak Neo

Your capital₹20,000

Broker funds₹80,000

Daily interest₹22

30-day cost₹654

Annual cost₹7,960

Anand Rathi

Your capital₹17,450

Broker funds₹82,550

Daily interest₹34

30-day cost₹1,017

Annual cost₹12,374

* 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 SNXT50BETA with MTF?

If you invest

₹10,000

Stock value you hold₹57,307

Anand Rathi funds₹47,307

Margin used17.45%

If you invest

₹50,000

Stock value you hold₹2,86,533

Anand Rathi funds₹2,36,533

Margin used17.45%

If you invest

₹1,00,000

Stock value you hold₹5,73,066

Anand Rathi funds₹4,73,066

Margin used17.45%

Frequently Asked Questions - SNXT50BETA MTF

What is the MTF margin for SNXT50BETA?

Upstox: 20.00%, Kotak Neo: 20.00%, Anand Rathi: 17.45%. The lowest margin is 17.45% on Anand Rathi, meaning you only need to pay ₹1745 to buy ₹10,000 worth of UTI BSE Sensex Next 50 ETF shares.

Which broker is cheapest for SNXT50BETA MTF?

For margin percentage, Anand Rathi offers the lowest at 17.45% (5.7x 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 SNXT50BETA 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 SNXT50BETA on margin?

Yes, UTI BSE Sensex Next 50 ETF (SNXT50BETA) is available for Margin Trading Facility (MTF) on Upstox, Kotak Neo, Anand Rathi. 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 SNXT50BETA 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 SNXT50BETA?

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 SNXT50BETA?

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 SNXT50BETA 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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Browse All Stocks MTF Comparison Table Trade SNXT50BETA

About UTI BSE Sensex Next 50 ETF (SNXT50BETA) Margin Trading

UTI BSE Sensex Next 50 ETF (SNXT50BETA) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Upstox, Kotak Neo, Anand Rathi. MTF allows you to buy SNXT50BETA shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Anand Rathi offers the best MTF margin of 17.45% for SNXT50BETA. This means you can buy ₹1,00,000 worth of UTI BSE Sensex Next 50 ETF shares by paying just ₹17,450, with Anand Rathi funding the remaining ₹82,550.

MTF Interest Rates for SNXT50BETA - Broker Comparison

The cost of holding SNXT50BETA 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 SNXT50BETA 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 SNXT50BETA 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 SNXT50BETA directly through our Scalper Terminal.