You pay the haircut margin upfront
Broker funds the remaining balance
BROKER FUNDED ₹7,36,528SHORTFALL ₹77,902UPFRONT MARGIN 29.18%DAYS HELD 2INTEREST TO DATE ₹737MTF CHARGE ₹20/₹40k/dayMTM -₹1,10,000BROKER FUNDED ₹7,36,528SHORTFALL ₹77,902UPFRONT MARGIN 29.18%DAYS HELD 2INTEREST TO DATE ₹737MTF CHARGE ₹20/₹40k/dayMTM -₹1,10,000
Azyntis calculator · Upstox MTF ledger
Upstox Margin Calculator: know your shortfall before your broker tells you.
Margin Trading Facility (MTF) does not mean the broker funds the full trade. You pay the haircut portion upfront, and the broker funds the remainder against the shares as collateral. The cost is daily carry on the broker-funded part, and a shortfall that can appear the moment the stock dips, even slightly. This tool shows the split and the risk, in rupees, today.
Customer-funded amount
₹3,03,472
you fund at entry as haircut margin
Broker-funded amount
₹7,36,528
the amount financed by the broker
Leverage multiple
3.43x
effective capital amplification
Daily carry drag
0.035%
of gross position value per day
01 · Your position
Enter your MTF trade
Haircut % is the upfront contribution you pay at entry. The broker funds the remaining balance, and daily charge slabs apply only to that broker-funded portion.
₹
shares
₹
%
/ ₹40k / day
Power tools
Stress test your position with one click before markets do it for you.
Buy value
₹10,40,000
Current value
₹9,30,000
Unrealised P&L
-₹1,10,000
02 · Charges and protection
Configure charges and define your protection boundary
Set realistic charge assumptions and your auto-close capital guardrail before deciding an exit price.
₹
Suggested auto-close trigger
₹1,004.7
Current price is below your protection trigger. Consider closing now to avoid deeper capital injury.
Contract Note Charge Model
Tune these inputs to mirror your broker calculator assumptions.
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%
%
%
%
%
%
₹
03 · Close and profit
Suggested close price and clean profit view
Similar to broker calculators: summary strip on top, then detailed charges breakup and net profitability after all costs.
Suggested close price
₹1,049.21
This exit aims for net profit ₹6,069 (2% of your own capital) after interest and all charges.
Break-even close₹1,043.13
Points to breakeven₹3.13
Points to target₹9.21
Gap from CMP₹119.21
Brokerage₹40
Other charges₹2,364
Points to breakeven₹3.13
Net PnL₹6,069
Charges breakup at suggested close
Brokerage₹40
STT / CTT₹2,089
Transaction charges₹72
SEBI turnover fees₹2
State stamp duty₹156
DP charges₹20
GST₹24
Total taxes and charges₹2,404
How this stays profitable after costs:
Net profit = Gross PnL (₹9,209) - interest (₹737) - total charges (₹2,404).
At the suggested close, net is about ₹6,069, aligned to your 2% objective on own capital (₹6,069).
04 · Margin shortfall
What you owe the ledger today
Shortfall - add this today
₹77,902
Your equity has fallen below the haircut requirement on today's value. Brokers typically expect this within T+1 trading day.
MARGIN CALL RISKBroker-funded portion
₹7,36,528
fixed at purchase, 71% of buy value
Required margin today
₹2,71,374
29.18% of current value
Your equity today
₹1,93,472
current value - broker funded portion
05 · Visualised
See the funding split in rupees, then see what changes when the price falls
The simplest way to read MTF is as a fixed opening split. You pay the haircut upfront, the broker funds the remainder, and that broker-funded amount stays fixed while the market value moves.
At purchase
What gets funded on day one
₹10,40,000
You fund₹3,03,472Haircut amount paid from your pocket
Broker funds₹7,36,528Remainder funded by the broker
Your contribution is locked in at entry. The broker-funded part is the balance needed to complete the purchase.
Broker-funded amount stays fixed₹7,36,528Only the market value changes after entry
If price falls
What the position looks like today
₹9,30,000
Broker funding still shows as₹7,36,528That amount does not reset when price falls
Shortfall to pay now₹77,902Top up this amount to restore the required margin
If the stock value drops, the missing value becomes your margin shortfall. You add that cash, while the broker-funded amount remains unchanged.
Your capital is fixed₹3,03,472
Broker funding is fixed₹7,36,528
Shortfall to cover today₹77,902
06 · Interest on the ledger
The daily cost of the loan
Interest is charged on the broker-funded amount every calendar day, regardless of whether the stock has moved.
Interest per day
₹368.26
Interest per month
₹11,048
3.64% of your own margin, using this charge model
Interest paid to date
₹737
across 2 days held
Effective annual drag
44.29%
of your own capital, annualised from daily charge
One-Month Interest Growth
Track cumulative interest from day 1 to day 30 and inspect exact rupee cost on any day.
Selected day cost₹737
30-day cost₹11,048
Share of monthly total6.7%
Cumulative interest projectionWhere you are today
07 · Process
How a margin call actually plays out
Interactive Margin-Call Simulator
Run realistic playbacks to see exactly how shortfall evolves across days under price shocks, haircut changes, and top-up behavior.
CSV schema: Scenario, Day, Price, HaircutPctOptional: Action or Top-up with values: none, topupHalfPrev, topupFullPrev.
Named Scenario Vault
Same seed + same inputs = reproducible 100-path output.
Day
T0
Price
₹1,040
Haircut
29.2%
Shortfall / Surplus
+₹0
Position compliant · carry ₹368
Broker Action Probability Model8%
| Day | Price | Haircut | Top-up | Shortfall/Surplus | Status |
|---|---|---|---|---|---|
| T0 | ₹1,040 | 29.2% | - | +₹0 | healthy |
| T1 | ₹1,019.2 | 29.2% | - | -₹14,731 | margin-call |
| T2 | ₹988 | 29.2% | ₹14,731 | -₹22,096 | square-off |
| T3 | ₹977.6 | 29.2% | - | -₹29,461 | square-off |
| T4 | ₹998.4 | 29.2% | - | -₹14,731 | square-off |
08 · Timeline
You vs. the broker, day by day
Your equity shrinks as price moves
Recomputes required margin @ new price
Margin call notice in app/SMS
Blocks further buying power
Add cash / pledge shares / trim qty
If unresolved: auto square-off at market
09 · Before you use MTF again
What the leverage doesn't tell you upfront
01
Losses are magnified, not just gains
You fund 29.18% upfront and the broker funds the rest, which works out to roughly 3.4x leverage - a small % move in the stock becomes a much larger % move on your own capital.
02
Interest runs every single day, win or lose
Even a flat, sideways stock quietly costs you ₹11,048 a month in interest on the funded amount - that is a hurdle your position must clear before you are actually profitable.
03
Haircuts can change without warning
Exchanges and brokers can raise a stock's haircut % overnight (common in volatile or falling markets), which can create a fresh shortfall even if the price has not moved.
04
Square-off is automatic, not negotiable
If a shortfall is not cleared in time, the broker squares off the position at the prevailing market price - usually the worst possible moment to be forced to sell.
05
MTF is a running ledger, not a one-time cost
Every day you hold adds to the interest balance. The longer a losing MTF position is held hoping for a recovery, the higher the bar for the stock to actually clear before you break even.