Vedanta Aluminium Metal Limited (VAML) - MTF Margin Comparison
Exchange: NSE · Available on 8 brokers · Updated daily
Fundamentals Snapshot
Fundamentals updated 13 AugMega CapFundamentals from the Downstox Value Screener (2,979-stock screener universe, updated daily). Not investment advice.
MTF Margin Comparison - VAML
Vedanta Aluminium Metal Limited - Complete Broker Comparison
| Parameter | Upstox | Zerodha | Groww | Kotak Neo | Paytm Money | Fyers | Anand Rathi | Bajaj Broking |
|---|---|---|---|---|---|---|---|---|
| MTF Margin | 35.00% | 50.00% | 26.50% | 50.00% | 31.50% | 27.03% | 26.50% | 40.00% |
| Leverage | 2.9x | 2.0x | 3.8x | 2.0x | 3.2x | 3.7x | 3.8x | 2.5x |
| You Pay (per ₹1L) | ₹35,000 | ₹50,000 | ₹26,500 | ₹50,000 | ₹31,500 | ₹27,030 | ₹26,500 | ₹40,000 |
| Broker Funds (per ₹1L) | ₹65,000 | ₹50,000 | ₹73,500 | ₹50,000 | ₹68,500 | ₹72,970 | ₹73,500 | ₹60,000 |
| Interest Rate (p.a.) | 18.25% | 14.6% | 14.95% | 9.69% | 11.99% | 12.49% | 9.99% | 11.99% |
| Daily Interest Cost | ₹20 per ₹40,000 slab/day | ₹40 per lakh/day | ₹41 per lakh/day | ~₹27 per lakh/day | slab-based | ~₹27 per lakh/day | see broker | see broker |
| Brokerage | 0.05% p.a. | 0.3% or Rs. 40 per lakh | 0.1% per order | ₹318.40 @ 9.69% p.a. | 2.5% of trade value or ₹20 (whichever is lower) | NA | 0.049% per day | 0.2% on Delivery |
| Pledge Charges | 0.01% p.a. | Payment gateway charges ₹9 + GST | ₹20 per order | ₹20 + GST per ISIN | ₹20/- per Transaction (including ₹5 CDSL charges) | NA | Nil | per ISIN |
| Max Holding Period | Unlimited (maintain margins) | Unlimited (maintain margins) | 365 days | 30 days | 30 days | Unlimited (maintain margins) | 365 days | 365 days |
| Max Borrowing Limit | ₹25 lakh | No published limit | No published limit | No published limit | No published limit | No published limit | 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-liquidation if margin falls below requirement | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall |
Groww offers the best margin of 26.50% for VAML, while Zerodha requires 50.00% - a difference of 23.50 percentage points. This means you save ₹23,500 per ₹1 lakh invested by choosing Groww.
VAML 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 VAML with MTF?
Frequently Asked Questions - VAML MTF
What is the MTF margin for VAML?
Which broker is cheapest for VAML MTF?
What interest rate do brokers charge on VAML MTF?
Can I buy VAML on margin?
How long can I hold VAML on MTF?
What are the pledge charges for VAML?
What happens if margin falls below minimum for VAML?
What is the maximum borrowing limit for VAML MTF?
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About Vedanta Aluminium Metal Limited (VAML) Margin Trading
Vedanta Aluminium Metal Limited (VAML) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 8 major Indian brokers: Upstox, Zerodha, Groww, Kotak Neo, Paytm Money, Fyers, Anand Rathi, Bajaj Broking. MTF allows you to buy VAML shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Groww offers the best MTF margin of 26.50% for VAML. This means you can buy ₹1,00,000 worth of Vedanta Aluminium Metal Limited shares by paying just ₹26,500, with Groww funding the remaining ₹73,500.
MTF Interest Rates for VAML - Broker Comparison
The cost of holding VAML 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 VAML 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 VAML 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 1916+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade VAML directly through our Scalper Terminal.