i need calculator for the MTF . where i can see the total interest i’m paying with x amount of days and stock at designated price . right now its just showing the margin and daily interest percentage . highly needed a full fledged calculator for better money management decisions
MTF CALCULATOR - request for calculating daily interest and customization for price - entry and exit
Hey @hustler ,
We currently have a Funding Estimator that you can view on the MTF buy screen before placing any trade. However, we do understand the limitation you are facing in terms of interest calculation. Noted your feedback and will evaluate how we can best implement it.
Thanks,
Pranita
Product @ Dhan
Any update on this? I would like to see how much I am paying every day or every week for a particular stock I bought or sold using MTF.
Hey @encore ,
We have picked this up recently, developments in process. We will keep you posted with updates!
Thanks,
Pranita
Product @ Dhan
thank you for the reply pranita . i hope this feature is in your priority list cuz its to important for swing traders
Customers would also like to know how much pledging costs for every transaction or every MTF scrip.
Hey @encore ,
MTF pledging similar to regular pledging costs Rs 12.5/ request/ISIN + GST. Hope this helps !
Thanks,
Pranita
Product @ Dhan
Yes, that’s my confusion. The pricing page says “per transaction”. So if I buy RELIANCE two times on the same day using MTF, will I be charged Rs. 12.5 for that day or Rs. 25 as pledging charges, please clarify.
HI @encore,
In case of normal pledging of your shares, the charges are based on the request/instruction submitted by the client. For MTF pledges, you can make multiple purchases throughout the day; however, pledge charges will be applied per unique scrip/position bought within a day."
here is the calculator i have created MTF Charges Calculator : MTF Charges Calculator
please give me a feedback for this Calculator i made
Very good calculator. Thanks for creating it.
Please add brokerage charges also because, for example, delivery transactions are normally free, but if you buy/sell in MTF, Dhan charges brokerage.
thanks for you feedback i can add it
Hey @ArjunaGupta & @encore ,
You will be very happy to know that we have made our MTF calculator on very similar lines. You can expect it to be live shortly!
Thanks,
Pranita
Product @ Dhan
well done brother !! thank you
@ArjunaGupta @encore @hustler Our MTF Calculator is now Live.
Here is the link: MTF Calculator - Calculate Interest, MTF Charges & Margin Available | Dhan
Hope this helps
Thanks,
Ashish
Growth @ Dhan
Thank you so much for your kind words! I’m glad you found the tool helpful.
DP charges for delivery selling should be actuals, not zero.
Other than that, it’s good.