Zerodha’s Nithin Kamath sounds alarm on rising MTF exposure; explains why it is a hidden stock market risk by Live mint | May 20, 2026 10:15 am | Indian Stocks, Market, News Zerodha’s Nithin Kamath highlighted the risks of margin trading facilities (MTF) in India’s brokerage industry, especially during market downturns. He noted that MTF exposure has surged, posing potential threats if equities decline sharply.