MTF Calculator
Estimate funding interest, trading charges and your net leveraged trade outcome.
Daily rate; interest from T+1 through sale. One purchase lot and one sale assumed.
Use your stock's eligible margin and the broker's chargeable calendar days, including weekends. Delivery estimate; not an intraday calculation.
Each extra week adds ₹315.00 in interest. At this sell price, the model stays profitable through day 323.
Net outcome across exit prices
After 30 funding days and modeled charges. Break-even exit price: ₹1,517.84. Leverage increases both gains and losses.
View chart data
Detailed analysis and schedules
What does a margin-funded trade really cost?
Margin Trading Facility lets you pay part of an eligible share purchase while the broker funds the balance. Interest is charged on that borrowing, not on the full position. Credivant separates your margin, the funded amount, trading charges and net profit so you can assess a planned trade before placing it.
Worked example
A Rs 1,00,000 position with 25% upfront margin uses Rs 25,000 of your money and Rs 75,000 of broker funding. At Rs 40 per lakh per day, interest is Rs 30 a day, or Rs 900 for 30 chargeable days. A 10% rise produces Rs 10,000 gross profit and Rs 9,100 after interest, before brokerage, taxes and depository charges. The calculator also deducts those modelled charges from its net result.
Formula and calculation method
Interest = funded amount x daily interest rate x chargeable daysFunding equals buy price multiplied by quantity, less your upfront margin. Annual percentage rates are converted using a 365-day year. A daily percentage and a rupees-per-lakh daily rate are alternative ways to enter the same borrowing cost. Net profit subtracts funding interest, brokerage, delivery STT, stamp duty, exchange fees, SEBI fees, applicable GST and entered depository charges. Break-even recalculates sale-dependent charges until net profit is zero.
Interpretation and limitations
This is an estimate for one stock, one purchase lot and one fully closed delivery trade. It does not verify live stock eligibility, account-specific margin or current broker approval. Promotions, penalties, subscription fees, income tax and corporate actions are excluded unless represented in your inputs. Presets reflect the review date shown with the calculator. Confirm your account tariff and chargeable days before using the result. Advanced stress tests are illustrative, not broker margin-call predictions.
Reference: Published MTF interest and charge schedule.
MTF Calculator: Frequently Asked Questions
What is an MTF calculator?
An MTF calculator estimates the cost and outcome of a margin-funded share purchase. It separates the investor's upfront money from broker borrowing and deducts modeled funding interest and trading costs from gross profit or loss.
What does interest per lakh per day mean?
It is the daily cost for each Rs 1,00,000 borrowed. Rs 40 per lakh per day is a 0.04% daily rate. Rs 75,000 of funding therefore costs Rs 30 for each chargeable day at that rate.
Is MTF interest charged on my margin or the funded amount?
The model charges interest on the portion funded by the broker. A Rs 1 lakh purchase with Rs 25,000 upfront margin has Rs 75,000 of funding, not Rs 1 lakh. Other account charges may still apply separately.
Why can a profitable MTF trade become a net loss?
A price gain may be smaller than funding interest and trading charges. Longer holding periods increase borrowing costs even if the stock price does not change. Compare net profit and break-even, not just the stock's percentage move.
Is MTF the same as intraday margin or a futures contract?
No. MTF models funding for eligible delivery shares. Intraday leverage and futures contracts have different settlement, margin and cost structures. This tool does not calculate exchange SPAN margin or a live broker margin requirement.
More questions (6)
How is MTF interest calculated?
Multiply the amount funded by the broker by the daily rate and the number of chargeable days. For example, Rs 75,000 funded at Rs 40 per lakh per day costs Rs 30 per day. The upfront margin you fund yourself does not attract borrowing interest.
Can I enter my own interest rate?
Yes. Choose Manual and enter rupees per lakh per day, a daily percentage or an annual percentage. Switching the rate format converts the existing rate. Review the charge assumptions in Advanced because switching to Manual retains the current broker's fees until you edit them.
Does MTF interest include weekends?
Use the calendar days your broker charges for, including applicable weekends and holidays. The first chargeable day depends on the broker's policy; this calculator uses the number of interest-bearing days you enter, not a trading-day count.
What does the break-even sell price include?
It includes the purchase value, modelled funding interest, brokerage, taxes and other entered charges. Sale-dependent fees are recalculated at the break-even price. The result is an unrounded estimate and can differ from a contract note.
Can MTF increase my losses?
Yes. Price changes apply to the entire position while your upfront margin is smaller. Interest and charges further reduce the result. Advanced includes downside scenarios and an illustrative maintenance-margin test, but a broker can apply different risk-management or liquidation rules.
Does selecting a broker confirm that a stock is eligible for MTF?
No. Presets populate published interest and fee assumptions. Stock eligibility, available leverage, aggregate borrowing and account-specific terms must be confirmed with the broker. Enter the margin required for your actual stock.