HDFC SKY Launches Margin Trading Facility at 1% p.m. And Zero Transaction Charges on Exchange-Traded Funds
Oct 25, 2024
Mumbai (Maharashtra) [India], October 25: HDFC SKY, one of India's premier discount broking platforms, is excited to announce a transformative set of offers aimed at significantly lowering transaction costs for its valued customers. The company has implemented a substantial 20% reduction in the interest rate for its Margin Trading Facility (MTF), decreasing it from 15% to a competitive 12% per annum, which translates to just 1% per month. In a further bid to support investors, HDFC SKY is now offering zero brokerage fees on transactions involving Exchange-Traded Funds (ETFs). These strategic enhancements are designed to elevate the customer experience, foster new investment avenues, and democratize trading options for users across the board.
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