Charges Explained at HDFC SKY!

Charges Explained at HDFC SKY!

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)