Margin Trading Facility (MTF) is a feature that allows traders to Buy Stocks By Paying Only A Part Of The Total Amount,
Trading with MTF on Lakshmishree is simple and works just like regular trading.
Both Cash and Non-Cash Holdings can be used as collateral for MTF trades.
There is No Fixed Time Limit to hold stocks bought under Margin Trading Facility (MTF) with Lakshmishree.
Lakshmishree charges an Interest Of 18% Per Annum on the funded amount after the trade settlement.
As per SEBI regulations, shares bought under MTF are Automatically Pledged and will appear in your portfolio under Holdings from the next trading day.
Not all stocks qualify for Margin. Only specific stocks approved by Lakshmishree and the exchanges can be bought using margin funding.
To exit a position bought using MTF, you simply need to Select 'MTF' As The Order Type while selling the shares.
Lakshmishree charges Delivery Brokerage for Margin Trading Facility (MTF) orders.
Lakshmishree charges ₹15 plus GST per ISIN for each pledge or un-pledge request.