Groww's Margin Trading Facility (MTF) book grew 61% to ₹1,668.3 crore in the September quarter from ₹1,035.8 crore in at the end of the June quarter.

The recently listed company announced on Friday, November 21, that MTF business brought in 5% of the company's revenue. Although that number has increased from 1% during the same quarter last year, it has remained consistent at 5% over the last three quarters.

MTF is a financial product that allows users to buy stocks by investing only part of its total value. The remaining amount is loaned by the broker, who then charges interest on this loan. Groww charges a fixed daily interest rate of 0.04% on the funded amount, according to its Red Herring Prospectus (RHP).

Groww launched its MTF book in April 2024 and since then, the number of active

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