Sky provides transparent pricing. Here one pays only for what one use.

Skip the guess work. Get complete clarity on how much you pay for each trade

Zero Account Opening charges.

Zero AMC (for 1st year post that only Rs 20/month.

 

HDFC SKY
Equity Cash-brokerage	₹ 20 / Executed Order Or 2.5% (Whichever Is Lower)
Equity Intraday-brokerage	₹ 20 / Executed Order Or 2.5% (Whichever Is Lower)
Derivative-brokerage	₹ 20 / Executed Order Or 2.5% (Whichever Is Lower) - For Options only Rs 20 per order
Currency Derivatives	₹ 20 / Executed Order Or 2.5% (Whichever Is Lower) - For Options only Rs 20 per order
Commodity	₹ 20 / Executed Order Or 2.5% (Whichever Is Lower) - For Options only Rs 20 per order
MTF Interest	15%
Negative Balance	18% Interest
Pledge charges recovery	Rs 20 per scrip
Depository Settlement charges	Rs 20 Per Scrip
DP AMC	Free for 1st Year then Rs 20 per month
Call and Trade Charges	Rs 20 per order
Physical Contract Note Charges	Rs 20 per share + Courier charges
Auto Square off Charged	Rs 20 or 0.1% whichever is lower
Physical Delivery charged	Rs 50 per share + Courier charges
Fund Transfer charges	Nil for UPI and As per bank fee per transfer for Net Banking

Charges Explained

Securities/Commodities transaction tax

• Tax by the government when transacting on the exchanges. Charged on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.
• When trading at HDFC SKY, STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.

 

Transaction/Turnover 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.
• BSE has revised transaction charges for group A, B and other non exclusive scrips (non-exclusive scrips from group E, F, FC, G, GC, W, T) at ₹375 per crore of turnover on flat rate basis w.e.f. December 1, 2022.
• BSE has revised transaction charges in M, MT, TS and MS groups to ₹275 per crore of gross turnover.

 

Charges for Investor's Protection Fund Trust (IPFT) by NSE

• Equity and Futures - ₹10 per crore + GST of the traded value.
• Options - ₹50 per crore + GST traded value (premium value).
• Currency - ₹0.05 per lakh + GST of turnover for Futures and ₹2 per lakh + GST of premium for Options.

 

GST

• Tax levied by the government on the services rendered. 18% of ( brokerage + SEBI charges + transaction charges)

 

SEBI Charges

• Charged at ₹10 per crore + GST by Securities and Exchange Board of India for regulating the markets.

 

Pledging charges

• ₹20 + GST per pledge request per ISIN.

 

AMC (Account maintenance charges)

• For BSDA demat account- Zero charges if the holding value is less than ₹50,000.
• For non-BSDA demat accounts: ₹20/month + 18% GST (Free for first year).

 

Call & trade

• Additional charges of ₹20 per order.

 

Physical Contract Note request

• ₹20/Contract + Courier charge + 18% GST

 

Delayed Payment Charges

• Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account.

 

Payment gateway charges

• Netbanking - as per bank fee per transaction  (Not levied on transfers done via UPI)