How will be the interest amount deduct- on daily/weekly basis (added to MTM) or when we square off the MTF position?
On the expiry day before the market opens physical delivery margin block will happen. If you have free cash after that you can buy MTF. But there wonāt be any margin benefit for this.
It will be net off by the end of the day if you bought MTF stock on expiry day and you have physically deliverable position.
It will be charged daily, based on the MTF ledger opening balance
am I getting it correct to my sense that MTM will not be calculated on profitable trades, which means if I borrow 3000ā¹ from Zerodha on a 4000ā¹ trade (1000ā¹ from my end) that if my trade goes into positive direction, I mean I am making profit than Zerodha isnāt going to charge interest on the profits Iām gaining according to MTM but it is capped at 3,000ā¹ only?
explain us, upon this little furtherā¦
The MTM is charged on loss-making investments, i.e., whenever your trade goes below the buy price. There is no MTM charge for profit-making investments. Interest is charged only on the 3K funded amount.
Yes, you will.
Who is lending partner zerodha mtf facility
Can the MTF positions be converted to Delivery if adequate delivery margin is available in Funds?Manually selected by User @siva
Not possible for now.
So once fund settlement is done as per guidelines every quarter, there will be shortage of margins/shortfall for existing MTF positions? Or zerodha will block the minimum margin required and release the surplus amount only? @siva
Surplus only will be released.
Please provide me mtf option, I had filled the google form.
Please DM me your ID, I can arrange a call.
Whatās The Timeline For Public Release
Please provide me MTF facility. I had filled the form. If I buy stocks through MTF option and sell share in same day at 3:29 pm, then what is the charges?
There wont br any interest charge on this trade. It will be considered as intraday trade.
Annually it is almost 15%. While most Mutual Funds give 15 to 20% return, you are earning 15% easily as interest So oneās stock must move more than 15% to become profitable.
MTF is specially made for swing traders, and swing trades wonāt last more than a few weeks.
Iāve been using MTF on FYERS until Zerodha activated my MTF.