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Karvy Brokerage, Brokerage Plans, Other Charges, Leverage & Margin 2019

There are 2 plan proposed by the Karvy Online to its customers: first is Retail Plan for customer having low trading volume and second one for premium customer having higher trading volume.

Segment Retail Plan Premium Plan
Flat Monthly Fee   Rs 100000 per year
Equity Delivery 0.30% 0.10%
Equity Intraday 0.03% 0.01%
Equity Futures 0.03% 0.01%
Equity Options Rs.30 per lot Rs.10 per lot
Currency Futures 0.03% 0.01%
Currency Options Rs.30 per lot Rs.10 per lot
Commodity 0.03% 0.01%

Karvy Equity Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage 0.30%(buy and sell side) 0.03%(buy and sell side)
STT 0.01% ON BOTH Buy & Sell 0.025% On the Sell side
Transaction / Turnover charges 0.00325% 0.00325%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Karvy F&O Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage 0.03% Rs 30/- per lot
STT 0.01% On the Sell side 0.017% On the Sell side (ON PREMIUM)
Transaction / Turnover charges 0.0023% 0.055% (On Premium)
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Karvy Currency Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage (Classic) 0.03% Rs.30/- per lot
STT NA NA
Transaction / Turnover charges NSE: 0.00325% NSE: 0.00325% on premium
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Karvy Commodity Trading Charges 2019

Charges Commodity
Brokerage (Value Pac) 0.03%
STT/CTT 0.01% on Sell
Transaction / Turnover charges 0.003%
SEBI Charges 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State

Charges Explained

  • Securities / Commodities Transaction Tax : Tax by the government when transacting on the exchanges. Charged as above 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 TRADE SMART Online STT/CTT can be a lot more than the brokerage we charge.

  • Transaction/Turnover Charges: Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE, MCX) and clearing member.

  • Call & trade: Free with your Sharekhan Trading :

  • Stamp charges: Charged as per the state of the client's correspondence address.

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

  • SEBI Charges:Charged at Rs.15 per crore by Securities and Exchange Board of India for regulating the markets.