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Networth Direct Account Opening & AMC Charges

Networth Direct charges ₹149 for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹400 are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by Networth Direct to maintain your account.

Name Details
Trading Account Opening Fee ₹149
Demat Account Opening Fee ₹0
Demat Account AMC ₹400
Trading Account AMC ₹0
Networth Direct Brokerage Charges

Please find below Networth Direct Brokerage charges in their basic Plan. Networth Direct provides delivery trade at 0.10% to 0.30%, Intraday Trade at 0.05% to 0.03%, Equity Future Trade at 0.05% to 0.03%, and Equity Option Trade at ₹25 to ₹60 per lot.

Plan Name Standard Plan
Equity Delivery 0.10% to 0.30%
Equity Intraday 0.05% to 0.03%
Equity Future 0.05% to 0.03%
Equity Options ₹25 to ₹60 per lot
Currency Futures 0.05% to 0.03%
Currency Options ₹25 to ₹60 per lot
Monthly Fee NA
Margin Trading -
Commodity Futures 0.05% to 0.03%
Commodity Options -
Networth Direct Transaction Charges (Per Crore)

The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. Networth Direct Transaction charges are as per the below table:

Name Details
Equity Delivery BSE: ₹325; NSE: ₹275
Equity Intraday ₹325
Equity Future * NSE: ₹190; BSE: ₹50
Equity Options * ₹6500
Currency Futures * ₹115
Currency Options ₹4000
Commodity ₹105
Networth Direct Other Charges

A lot of other Charges are getting levied other than brokerage by Networth Direct like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.

Name Details
Minimum Brokerage 5 Paisa per share
Call & Trade -
Stamp Duty * Charges as per the state of residence
DP Charges (on sell side) ₹15 per scrip
Other Miscellaneous Charges -
Networth Direct Demat Account Charges

The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find Networth Direct demat account charges 2020.

Name Details
Depository Service Provider CDSL and NSDL
Account Opening Fee Nil
Advance Deposit Deposit Rs. 2,500/- (Refundable)
AMC Rs. 400/- p.a; BSDA: Rs. 100/- (If value of holding is between 50001 to 200000)
Dematerialisation Charges Rs. 5/- Per Certificate with min Rs. 40/- Per request + Rs. 45/- Courier Charges pr request
Rematerialisation Charges Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs. 20/- Per Certificate whichever is higher, Maximum Rs 500000
Transaction Charges (Credit) -
Transaction Charges (debit) Regular: Rs. 12, BSDA: Rs. 25
Pledge Creation Charges Rs. 50/- Per Instruction
Pledge Creation Confirmation Charges Nil
Pledge Invocation Charges Rs. 25/- Per Instruction
Failed Instruction Charges Nil
Other Charges Freeze-De-Freeze: Rs.50/-

Networth Direct User Reviews

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