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Equity & Intraday
F&O, Currency & Commodities
Equity
Statutory Charges |
Taxes and Fees by the Government of India |
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| Equity Delivery | Equity Intraday | Equity Futures | Equity Options | ||
STT/CTT (From 1st April 2023) |
0.1% on buy & sell | 0.025% on the sell side | 0.0125% on sell-side | 0.0625% on sell side (on premium) | |
STT/CTT (From 1st October 2024) |
0.1% on buy & sell | 0.025% on the sell side | 0.02% on sell side | 0.1% on sell side (on premium) | |
GST |
18% (on brokerage + transaction + demat charges + IPFT charges) | 18% (on brokerage + transaction charges + IPFT charges) | 18% (on brokerage + transaction charges + IPFT charges) | 18% (on brokerage + transaction charges + IPFT charges) |
Stamp Duty |
0.015% or ₹1500 / crore on buy side | 0.003% or ₹300 / crore on buy side | 0.002% or ₹200 / crore on buy side | 0.003% or ₹300 / crore on buy side |
Exchange Fees |
Fees Charged by either NSE (National Stock Exchange) or BSE (Bombay Stock Exchange) | ||||
| Equity Delivery | Equity Intraday | Equity Futures | Equity Options | ||
Transaction charges (From 1st April 2024 to 30th September 2024) |
NSE 0.00322% per trade on buy & sell. BSE charges vary as per the scrip group |
NSE: 0.00322% per trade on buy & sell. BSE charges vary as per the scrip group |
NSE Exchange turnover charge: 0.00188% BSE Nil |
NSE 0.0495% (on premium) BSE 0.0495% (on premium) |
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Transaction charges (From 1st October 2024)
|
NSE 0.00297% per trade on buy & sell. BSE charges vary as per the scrip group |
NSE: 0.00297% per trade on buy & sell. BSE charges vary as per the scrip group |
NSE Exchange turnover charge: 0.00173% BSE Nil |
NSE 0.03503% (on premium) BSE 0.0325% (on premium) |
|
IPFT Charges
|
NSE ₹0.10 per Lakh of the turnover |
NSE: ₹0.10 per Lakh of the turnover |
NSE ₹0.10 per Lakh of the turnover |
NSE ₹0.50 per Lakh of the turnover (Premium value) |
|
Demat transaction charges |
Fees Charged by CDSL (Central Depository Services Limited) & Upstox | ||||
| Equity Delivery | Equity Intraday | Equity Futures | Equity Options | ||
DP Charges |
₹20.0 per scrip per day only on sell | No charges | No charges | No charges | |
SEBI |
Fees Charged by SEBI (Securities and Exchange Board of India) | ||||
| Equity Delivery | Equity Intraday | Equity Futures | Equity Options | ||
SEBI Charges |
₹10/crore | ₹10/crore | ₹10/crore | ₹10/crore | |
Currency
Charges |
Fees charged by SBMCPL | ||||
|---|---|---|---|---|---|
| Currency Futures | Currency Options | ||||
Brokerage |
₹20 per executed order or 0.05% (whichever is lower). |
Flat ₹20 per executed order. | |||
Statutory Charges |
Taxes and Fees by the Government of India | ||||
| Currency Futures | Currency Options |
STT/CTT |
No STT | No STT | |
GST |
18% ( on brokerage+transaction charges) | 18% (on brokerage+transaction charges) | |||
Stamp Duty |
0.0001% or Rs 10 per crore on buy-side | 0.0001% or Rs 10 per crore on buy-side | |||
Exchange Fees |
Fees Charged by either NSE (National Stock Exchange) or BSE (Bombay Stock Exchange) | ||||
| Currency Futures | Currency Options | ||||
Transaction Charges |
NSE: Exchange txn charge: 0.00035% BSE: Exchange txn charge: 0.00045% |
NSE: Exchange txn charge: 0.031% BSE: Exchange txn charge: 0.001% |
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IPFT Charges |
NSE: ₹0.05 per lakh of turnover | NSE: ₹2 per lakh of premium value for Options |
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SEBI |
Fees Charged by SEBI (Securities and Exchange Board of India) | ||||
| Currency Futures | Currency Options | ||||
SEBI Charges |
₹10/crore | ₹10/crore | |||
Commodity
Charges |
Fees charged by SBMCPL | ||||
|---|---|---|---|---|---|
| Commodity Futures | Commodity Options | ||||
Brokerage |
₹20 per executed order or 0.05% (whichever is lower). | Flat ₹20 per executed order. | |||
Statutory Charges |
Taxes and Fees by the Government of India | ||||
| Commodity Futures | Commodity Options | ||||
STT/CTT |
0.01% on sell trade (Non-Agri) | 0.05% on sell trade | |||
GST |
18% ( on brokerage+transaction charges) | 18% (on brokerage+transaction charges) | |||
Stamp Duty |
0.002% or ₹200 per crore on buy-side | 0.003% or ₹300 per crore on buy-side | |||
Exchange Fees |
Fees Charged by either MCX (Multi Commodity Exchange) | ||||
| Commodity Futures | Commodity Options | ||||
Transaction Charges |
Non-Agri: Exchange turnover charge: 0.0026% |
Exchange turnover charge: 0.05% | |||
Exchange Fees |
Fees Charged for Commodities traded on the NSE (National Stock Exchange) | ||||
| Commodity Futures | Commodity Options | ||||
Transaction Charges |
NSE Commodity Fees: 0.0001% | NSE Commodity Fees: 0.0010% | |||
SEBI |
Fees Charged by SEBI (Securities and Exchange Board of India) | ||||
| Commodity Futures | Commodity Options | ||||
SEBI Charges |
₹10/crore | ₹10/crore | |||
Achieve more with less.
Order type |
Applicable margin on Equity |
Applicable margin onIndex Futures and Stock Futures Index and Stock Option Sell NSE Currency Futures MCX Futures |
|
|---|---|---|---|
Intraday order |
5x |
1x |
|
CO/OCO order |
5x |
1x |
|
Margin Trading Facility (MTF) |
2x |
Not Applicable |
|
| Note: No Margin for Options buying | |||
Is MTF chargeable?Yes, the following charges are applicable on MTF orders over and above regular brokerage |
|
|---|---|
Interest |
₹15/day for every slab of ₹35,000 taken as MTF |
Pledging charges |
The cost of pledging, as well as unpledging, is ₹20 + GST per scrip. |
Margin shortfall penalty
| Shortfall collection for each client | Penalty percentage of the shortfall |
|---|---|
|
(< ₹1 lakh) and (< 10% of applicable margin)
|
0.50%
|
|
(>= ₹1 lakh) or (>= 10% of applicable margin)
|
1.00%
|
Note:
-
If there are more than 5 instances of a shortfall in a calendar month, a penalty of 5% for every further instance of the shortfall is applicable
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If the margin shortfall continues for more than 3 consecutive days, a penalty of 5% is applied for each subsequent instance of the margin shortfall
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For MCX, if the margin shortfall is reported 3 times or more during a month, i.e., either in consecutive instances or in 3 different instances, the penalty would be 5% from the 4th instance of the shortfall
All Charges Explained
A. GOVERNMENT CHARGES
. STT/CTT – Securities/Commodities transaction tax
Levied by the Government on Securities and Commodities
Charged on both buy and sell Stocks – Equity Delivery orders
Charged only on sell Intraday and F&O orders
May be more than the brokerage we charge
2. GST – Goods and Services Tax
Levied by the government on the services rendered.
18% of (brokerage + transaction charges + Demat)
3. Stamp duty charges
Stamp duty charges are a part of the state revenue system
Applicable on the trading of Securities and Commodities
n 2020, uniform stamp duty charges are applicable across all the states in India.
Read more https://upstox.com/announcements/demat-account/revision-in-stamp-duty-rates-on-1st-july-2020/
B. REGULATORY CHARGES
1. Transaction Charges
Charged by exchanges (NSE, BSE, MCX) on the value of your transactions.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to ₹10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)
BSE has revised transaction charges in SS and ST groups to ₹1,00,000 per crore of gross turnover.
2. SEBI Charges
Charged at ₹10 per crore by Securities and Exchange Board of India for regulating the markets.
3. DP (Depository participant) charges
₹18.5 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Upstox).
Shortfall collection for each client
|
Margin Against Demat Holdings (can be used for Futures buy and
sell and Options Sell orders only
|
₹9 + 5 + GST per scrip for pledging
₹9 + 5 + GST per scrip for unpledging |
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Auto Square-off
|
₹50 + 18% GST
|
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Call & Trade
|
₹50 + 18% GST
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P&L/ CMR Physical copy
|
₹20 per page
|
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Annual Maintenance Charges
|
₹199 + 18% GST
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Off-market (to transfer shares between brokers)
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1. Buy orders will continue to be charged at ₹100 or 1.5% of the
transaction amount (whichever is lower)
2. ‘Invest More’ orders will be charged at ₹100 or 1.5% of the transaction amount (whichever is lower). 3. SIP orders will be charged at ₹10 or 1.5% of the transaction amount (whichever is lower) |
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Netbanking charges (Razorpay / Atom)
|
₹7 (GST included)
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Buyback/Takeover/Delisting Charges
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₹20 + GST
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Offer For Sale
|
₹20 + GST
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Common questions regarding your funds
A: In our per-trade scheme, each trade incurs a fixed fee of [10RS OR 20RS].
A: Your fund balance may be lower than your expected amount due to various factors, including maintenance charges, taxes, quarterly settlements, and other deductions.
A: To ascertain the amount credited or debited from your account after a trade, it's essential to review the order details or contract note. You can access this information either through the Ledger report or directly within the Bill report.
A: Starting from December 1, 2020, SEBI's peak margin rules dictate that 80% of the sale amount can be used for trading on the same day, while the remaining 20% becomes available for withdrawal on T+2 days.
