MTFTerminalFII/DIIMarketsFunds
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LUXIND (LUXIND) — MTF Margin Comparison

Exchange: NSE · Available on 2 brokers · Updated daily

Best MTF Rate: 35.86% on Zerodha(2.8x leverage)

MTF Margin Comparison — LUXIND

Upstox
Not Available
BEST
Zerodha
35.86%
Margin Required
Leverage2.8x
You Pay₹3,586
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
Dhan
64%
Margin Required
Leverage1.6x
You Pay₹6,400
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

LUXIND — Complete Broker Comparison

ParameterZerodhaDhan
MTF Margin35.86%64%
Leverage2.8x1.6x
You Pay (per ₹1L)₹35,860₹64,000
Broker Funds (per ₹1L)₹64,140₹36,000
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 35.86% for LUXIND, while Dhan requires 64% — a difference of 28.1 percentage points. This means you save ₹28,140 per ₹1 lakh invested by choosing Zerodha.

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

Zerodha
Your capital₹35,860
Broker funds₹64,140
Daily interest₹26
30-day cost₹770
Annual cost₹9,364
Dhan
Your capital₹64,000
Broker funds₹36,000
Daily interest₹12
30-day cost₹370
Annual cost₹4,496

* 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 LUXIND with MTF?

If you invest
₹10,000
Stock value you hold₹27,886
Zerodha funds₹17,886
Margin used35.86%
If you invest
₹50,000
Stock value you hold₹1,39,431
Zerodha funds₹89,431
Margin used35.86%
If you invest
₹1,00,000
Stock value you hold₹2,78,862
Zerodha funds₹1,78,862
Margin used35.86%

Frequently Asked Questions — LUXIND MTF

What is the MTF margin for LUXIND?

Zerodha: 35.86%, Dhan: 64%. The lowest margin is 35.86% on Zerodha, meaning you only need to pay ₹3586 to buy ₹10,000 worth of LUXIND shares.

Which broker is cheapest for LUXIND MTF?

For margin percentage, Zerodha offers the lowest at 35.86% (2.8x 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 LUXIND 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 LUXIND on margin?

Yes, LUXIND (LUXIND) 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 LUXIND 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 LUXIND?

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 LUXIND?

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 LUXIND 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 LUXIND (LUXIND) Margin Trading

LUXIND (LUXIND) 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 LUXIND shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 35.86% for LUXIND. This means you can buy ₹1,00,000 worth of LUXIND shares by paying just ₹35,860, with Zerodha funding the remaining ₹64,140.

MTF Interest Rates for LUXIND — Broker Comparison

The cost of holding LUXIND 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 LUXIND 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 LUXIND 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 1869+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade LUXIND directly through our Scalper Terminal.