Brokerage Charges: Taxes and Fees on Trading

Indian Stocks

Mutual Funds

Fixed Deposits

USA stocks

Account Opening & AMC

trading & demat opening, maintenance charges 0.05%
Equity Brokerage of order value or Rs. 20, whichever is lower ₹20
F&O Brokerageper executed order ₹0
Pledge ₹0 for pledge order, ₹20 + GST per ISIN per request for unpledge order
Regulatory Charges
Depository Charges
Other Charges
Equity
Futures & Options
Delivery
Intraday
Futures
Options
Exchange Transaction Charges
For both Buy & Sell 0.00322%
NSE 0.00375%
BSE 0.00188% (on contract value)
NSE 0
BSE 0.0495% (on premium)
NSE 0.0050% (on premium)
BSE
STT
0.10%
Buy and Sell 0.025%
Sell 0
Buy 0.0125%
Sell 0
Buy 0.0625% (on premium)
Sell
Stamp Duty 0.015%
Buy 0.003%
Buy
0.002%
Buy
0
Sell
0.003%
Buy
0
Sell
SEBI Charges
For both Buy & Sell
0.0001%
of Turnover
0.0001%
of Turnover
0.0001%
of Turnover
0.0001%
of Turnover
IPFT Charges
(Investor Protection Fund Trust)
0.0001%
of Turnover
0.0001%
of Turnover

0.0001%
of Turnover
0.0005%
of Turnover
Brokerage will not exceed the SEBI prescribed limit

Charges explained

Exchange Transaction/Turnover Charges
This is charged by the exchange : NSE/BSE; on the value of your transactions executed on the respective exchange.
For NSE,
The charge is 0.00322% of transaction value for all stocks.
For BSE,
The charge depends on the group of the traded stock, and is as follows :
Stocks part of Group A,B,E,F,FC,G,GC,I, and W are charged @ 0.00375% of transaction value.
Stocks part of Group M,MT,TS,MS,IF,IT, and R are charged @ 0.00275% of transaction value.
Stocks part of Group X,XT,Z are charged @ 0.1% of transaction value.
Stocks part of Group P,ZP are charged @ 1% of transaction value.
Stocks traded under the odd lot mechanism (excluding scrips belonging to M,IF, and IT) are charged @ 1% of transaction value.
DP (Depository Participant) Charges (On Delivery Sell Orders)
This is charged by the depository and depository participant for debiting shares from your demat account and inter-settlement BTST transactions.
This is charged as :
DP charges when buying : ₹ 0
DP charges when selling : ₹ 13.5 + GST per ISIN (Stock or ETF) per day, regardless of quantity sold.
Examples to understand how this works?
Example 1 : Say you execute 5 delivery sell orders in Stock X in one trading session.
For this activity you will be charged ₹ 13.5+GST.
As in this case you sold only 1 ISIN (Stock X) multiple times, and DP charges depends on the number of unique ISINs sold as delivery orders (in this case 1), regardless of the individual quantity/orders of each ISIN sold.
Example 2 : Say you execute 10 delivery sell orders , 3 in Stock X, 5 in Stock Y, and 2 in Stock Z.
For this activity, you will be charges a total of 3*(₹ 13.5+GST).
As in this case you sold 3 ISINs (Stock X, Stock Y,and Stock Z) multiple times, and DP charges depends on the number of unique ISINs sold as delivery orders (in this case 3), regardless of the individual quantity/orders of each ISIN sold.
Securities Transaction Tax (STT)
This is charged by the government when you transact on the exchanges.
Charged as above on both buy and sell orders for equity delivery trades.
Charged as above only for sell order for equity intraday trades.
When trading at INDmoney, STT can be alot more than the brokerage we charge. Important to keep a tab on.
This is charged as :
For equity deliver orders (Buy and Sell) : 0.1% of order amount.
For equity intraday orders (charged only on the sell order) : 0.025% of order amount.
Stamp Duty
This is charged by the government for the contract note issued for your trading activity.
This charge is applicable only for Buy orders as mentioned above.
SEBI Turnover Charges
This is charged by the Securities and Exchange Board of India for regulating the markets.
This is charged @ 0.0001% of order value.
Physical Statement Courier
Any statement that are requested to be delivered physically would be charged @ ₹ 300 per request + ₹ 300 as courier charges.
Off Market transfers from the Demat Account
Any off-market transaction