Fees and Rates

Transaction cost applicable for equity & debt securities given below:

Equity – with effect from 1st January 2011

  • Transactions up to Rs. 50 Million - 1.12%
    Divided as follows:

     Brokerage Fees           - 0.640%
     CSE Fees                    - 0.084%
     CDS Fees                    - 0.024%
     SEC Cess                     - 0.072%
     Share Transaction Levy  - 0.300%

    Transactions over Rs. 50 Million
    Divided as follows:
     
     Minimum brokerage (floor)    - 0.200%
     CSE Fees    - 0.0525%
     CDS Fees    - 0.0150%
     SEC Fees    - 0.0450%
     Share Transaction Levy    - 0.300%
     
    (Subject to a minimum brokerage of Rs. 10/- per contract and a minimum CDS fee of Rs. 5/-)

Intraday Trading

  • With effect from 15th February 2006, the transaction fee due to the broker, CSE, CDS and SEC on intra day trades, where a client buys and sells or sells and buys the same security on the same day through the same broker will not be charged on one side of the transaction.

    (Please note that Share Transaction Levy will be charged on both sides of the Transaction)

    a. In the event the total number of shares purchased does not equal the total number of shares sold, the transaction fees as detailed above will not be levied on the lower quantity of shares either purchased or sold.
    b. In the event the total quantity purchased is equal to the total quantity sold the transaction fees will not be levied from the sales transaction.

    Please note that the total purchases and sales of a client in the same security will be considered for purpose of determining the exemption of the Brokerage, CSE, CDS and SEC fees (transaction fee).

Debt

  • Corporate Debt
    Brokerage - Negotiable
    Fees (SEC, CSE & CDS) - 2 Basis Points (D ivided equally amongst the three institutions)

    Government Debt
    Brokerage - Negotiable
    Fees (SEC, CSE & CDS) - Nil

    Closed End Funds
    Fees based on a Percentage (%) of the Transaction value
    Brokerage Negotiable with a Cap of 1 %
    CSE Fee 0.02%
    CDS Fee 0.01%
    SEC Cess 0.02%
    Share Transaction Levy will not be applicable for units of Closed-end Funds.
    Source: CSE