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UTLSOLAR (UTLSOLAR) — MTF Margin Comparison

Exchange: NSE · Available on 2 brokers · Updated daily

Best MTF Rate: 26.65% on Zerodha(3.8x leverage)

MTF Margin Comparison — UTLSOLAR

Upstox
Not Available
BEST
Zerodha
26.65%
Margin Required
Leverage3.8x
You Pay2,665
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
Dhan
35%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

UTLSOLAR — Complete Broker Comparison

ParameterZerodhaDhan
MTF Margin26.65%35%
Leverage3.8x2.9x
You Pay (per ₹1L)26,65035,000
Broker Funds (per ₹1L)73,35065,000
Interest Rate (p.a.)14.6%12.49%
Daily Interest Cost₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.3% or ₹20/order (whichever is lower)₹20 per order
Pledge Charges₹15 + GST per ISIN₹30 + GST per ISIN
Max Holding PeriodUnlimited (maintain margins daily)Unlimited (maintain margins)
Max Borrowing LimitNo published limit₹1 crore (₹20L per stock)
Auto Square-OffAuto square-off if margin falls below minimumAuto-liquidation if margin coverage < 20%

Zerodha offers the best margin of 26.65% for UTLSOLAR, while Dhan requires 35% — a difference of 8.4 percentage points. This means you save ₹8,350 per ₹1 lakh invested by choosing Zerodha.

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

Zerodha
Your capital26,650
Broker funds73,350
Daily interest29
30-day cost880
Annual cost10,709
Dhan
Your capital35,000
Broker funds65,000
Daily interest22
30-day cost667
Annual cost8,119

* 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 UTLSOLAR with MTF?

If you invest
10,000
Stock value you hold37,523
Zerodha funds27,523
Margin used26.65%
If you invest
50,000
Stock value you hold1,87,617
Zerodha funds1,37,617
Margin used26.65%
If you invest
1,00,000
Stock value you hold3,75,235
Zerodha funds2,75,235
Margin used26.65%

Frequently Asked Questions — UTLSOLAR MTF

What is the MTF margin for UTLSOLAR?

Zerodha: 26.65%, Dhan: 35%. The lowest margin is 26.65% on Zerodha, meaning you only need to pay ₹2665 to buy ₹10,000 worth of UTLSOLAR shares.

Which broker is cheapest for UTLSOLAR MTF?

For margin percentage, Zerodha offers the lowest at 26.65% (3.8x 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 UTLSOLAR 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 UTLSOLAR on margin?

Yes, UTLSOLAR (UTLSOLAR) is available for Margin Trading Facility (MTF) on 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 UTLSOLAR 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 UTLSOLAR?

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 UTLSOLAR?

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 UTLSOLAR 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 UTLSOLAR (UTLSOLAR) Margin Trading

UTLSOLAR (UTLSOLAR) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 2 major Indian brokers: Zerodha, Dhan. MTF allows you to buy UTLSOLAR shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 26.65% for UTLSOLAR. This means you can buy ₹1,00,000 worth of UTLSOLAR shares by paying just ₹26,650, with Zerodha funding the remaining ₹73,350.

MTF Interest Rates for UTLSOLAR — Broker Comparison

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