Investments

Brokerage Calculator

Calculate exact charges (brokerage + STT + exchange + GST + stamp duty + SEBI) and net P/L for equity delivery, intraday, futures and options. Based on discount-broker (Zerodha/Groww/Upstox) flat fee structure.

Inputs

₹1.00₹50000.00
₹1.00₹50000.00
1100000
Net P/L
+₹4,831
After all charges
Gross P/L
₹5,000
Total charges
₹169

Charge breakdown

Discount broker (Zerodha-style) charges shown

Brokerage₹0
STT (Securities Transaction Tax)₹158
Exchange transaction₹3
Stamp duty₹7
SEBI charges₹0
GST (18%)₹1
Total₹169
Breakeven price
₹502
+₹2 from buy
Turnover
₹1,05,000

Based on Zerodha/Groww/Upstox flat-fee structure. Full-service brokers (ICICI Direct, HDFC Securities) charge 0.30–0.55% per side — much higher.

FAQs

What charges are included in this brokerage calculator?

All standard charges: brokerage, STT (Securities Transaction Tax), exchange transaction charges, stamp duty, SEBI charges, and 18% GST on applicable components. Calculations match Zerodha/Groww/Upstox flat-fee structure.

How is intraday brokerage different from delivery?

Most discount brokers charge ₹0 brokerage for delivery (equity holding overnight) but ₹20 or 0.03% (whichever lower) per executed order for intraday. STT is also lower on intraday (only sell side at 0.025%) vs delivery (0.15% both sides — Budget 2026 raised this from 0.1%).

What is the new STT rate FY 2026-27?

Budget 2026 raised STT (Securities Transaction Tax) on certain securities transactions from 0.1% to 0.15% effective 1 April 2026. This applies to delivery-based equity transactions (both buy and sell). Intraday remains lower (only sell side 0.025%). For F&O, STT continues at existing rates.

Why is my actual P/L lower than the gross profit?

STT, exchange charges, stamp duty, SEBI fees, and GST eat into your gross profit. For small trades these can wipe out gains. The breakeven price shown is what you need to clear just to recover all costs.

Are full-service broker charges higher?

Yes, significantly. ICICI Direct, HDFC Securities, Kotak Securities charge 0.30–0.55% per side as brokerage — typically 10–25× more than discount brokers on the same trade.