While using MTF, keep the following in mind:
Stock bought as MTF can be held for a period of 90 days and you can find them under your Positions tab on the Upstox platform
You can close your Positions at any point in time
You can even convert your Positions to Demat Holdings within 90 days.
The maximum exposure you can avail of is up to ₹5 lakhs
You will be charged ₹20/day for slabs of ₹50,000 taken as MTF
Example: You’ve taken ₹80,000 as Margin Trading Facility.
Then you would pay ₹20/day (for the first ₹50,000)+ ₹20/day (for the other ₹30,000) which is a total charge of ₹40/day.
Additionally for an MTF buy and sell transaction, you will be charged a one-time fee of ₹20 (plus tax) by CDSL as pledging and un-pledging charges
You’ll also be charged a brokerage of 0.1% or ₹20/order (whichever is lower)
Once you activate MTF, we will also send a complete list of ‘terms and conditions’ to your registered email ID.