Zerodha MTF Ledger

MTF ledger entries

From WebNotes, a public knowledge base. Last updated . Reading time ~2 min.

MTF ledger entries in Zerodha Console show the financial movements of MTF positions, including buy, daily interest accrual, sell, and interest payments. Understanding the entries helps with reconciliation and tax computation.

Typical entries

For an MTF buy:

  • “MTF buy: [Scrip] [Quantity] @ [Price]” - the trade execution.
  • “MTF margin: [Amount]” - the user’s contribution.
  • “MTF loan: [Amount]” - the broker-funded portion.

For daily interest:

  • “Interest charged on MTF: [Amount]” - daily debit.

For an MTF sell:

  • “MTF sell: [Scrip] [Quantity] @ [Price]” - trade execution.
  • “Loan repayment: [Amount]” - the borrowed portion repaid.
  • “Net proceeds: [Amount]” - user’s share after repayment.

Where to view

Console > Reports > Ledger:

  • Date-filtered view of all transactions.
  • Filter by MTF type for clarity.
  • Exportable as XLS / CSV.

Reconciliation

To reconcile MTF activity:

  1. Sum buy + interest + repayment.
  2. Compare with sell proceeds.
  3. The difference = realised P&L (gross of taxes).

For tax reporting:

  • Capital gain / loss on the equity portion (CGT applies).
  • Interest paid (may be deductible against gains; CA advice needed).
  • Other charges (typically not separately deductible).

For complex tax situations involving MTF positions, consult a Chartered Accountant before filing.

See also

External references

References

  1. Zerodha, Ledger view, console.zerodha.com.
  2. Income Tax Act, 1961, sections on capital gains.
  3. SEBI, MTF transaction framework, sebi.gov.in.

Related articles

  • Brokerage and MTF costs

    Total cost of an MTF position: brokerage + interest + other charges. Helps compare MTF return potential vs total cost.

  • How MTF stocks are sold

    When you sell MTF-bought stocks, the loan portion is repaid first from the sale proceeds, then any excess credits to you. Explains the …

  • MTF FAQs

    Frequently asked questions about Margin Trading Facility (MTF) at Indian brokers: what it is, who's eligible, interest, square-off, …

  • MTF charges on Zerodha

    Charges associated with MTF on Zerodha: interest, brokerage, pledge fees, and overall cost breakdown. Helps compare with alternatives.

  • MTF eligible stocks on Zerodha

    Which stocks are eligible for MTF (Margin Trading Facility) on Zerodha. Covers the approved list, exclusions, and how to verify before …

  • MTF vs e-margin difference

    Difference between MTF (Margin Trading Facility) and e-margin (a historical / alternative leverage framework). Explains current relevance.

Reviewed and published by

WebNotes Editorial Team

The WebNotes Editorial Team covers Indian capital markets, payments infrastructure and retail investor procedures. Every article is fact-checked against primary sources, principally SEBI circulars and master directions, NPCI specifications and the official support documentation published by the intermediary in question. Drafts go through a second-pair-of-eyes review and a separate compliance read before publication, and revisions are tracked against the SEBI and NPCI rule changes referenced in the methodology section.

Last reviewed
Conflicts of interest
WebNotes is independent. No relationship with any broker, registrar or bank named in this article.