Groww Brokerage Calculator assists investors and traders in calculating the brokerage charges for different securities. It is an important tool for anyone who is trying to make wise decisions about their investment. Because it allows them to comprehend every aspect of the costs associated with a trade. Groww brokerage calculator helps to make the best possible decisions for the investor’s financial objectives.
Groww Brokerage Calculator Intraday
For example, if we take a turnover of Rs. 10,000. The intraday brokerage charges will be Rs. 5. STT charges will be zero because it is not levied on the buy side in intraday trading. Exchange charges are NSE: 0.00325% and BSE: 0.00375%, so it will be Rs. 0.00 as per turnover. The GST charges are 18% (Brokerage + SEBI charges + transaction charges), so it will be Rs. 1.01. SEBI Charges are levied as Rs. 10/crore, so it will be Rs. 0.01. Stamp Charges are 0.003% or s. 300 / crore on the buy side, so it will come to Rs. 0.30. So, the total charges would come to Rs. Rs. 6.61.
Particulars | Groww Charges |
---|---|
Turnover | Rs. 10,000 |
Intraday Brokerage Rate | Rs. 0.05% on order value, up to ₹ 20 |
Brokerage Applicable | Rs. 5.00 |
STT | Rs. 0.00 |
Exchange Charges | Rs. 0.30 |
GST | Rs. 1.01 |
SEBI Charges | Rs. 0.01 |
Stamp Duty Charges | Rs. 0.30 |
Total Tax & Charges | Rs. 6.61 |
Net Debit | Rs. 10,061.61 |
Delivery Groww Brokerage Calculator
For Delivery trading, suppose a turnover is Rs. 10,000. So, the brokerage Groww charges will be Rs. 5. STT charge will be Rs. 0.10 because on delivery trading the charges are 0.1% on buy & sell. Exchange charges would be the same as intraday trading, so it will be Rs. Rs. 0.00. The GST charges are 18% (Brokerage + SEBI charges + transaction charges), so it will be Rs. 1.17. SEBI Charges are levied as Rs. 10/crore, so it will be Rs. 0.01. The stamp duty charges on equity delivery are 0.015% or Rs. 1500 / crore on the buy side, so the amount will come to Rs. 1.50. And the total charges would sum up to Rs. 7.77.
Particulars | Charges |
---|---|
Turnover | Rs. 10,000 |
Delivery Brokerage Rate | Rs. 0.05% on order value, up to ₹ 20 |
Brokerage Applicable | Rs. 5.00 |
STT | Rs. 0.10 |
Exchange Charges | Rs. 0.00 |
GST | Rs. 1.17 |
SEBI Charges | Rs. 0.01 |
Stamp Duty Charges | Rs. 1.50 |
Total Tax & Charges | Rs. 7.77 |
Net Debit | Rs. 10,007.77 |
Groww Calculation
Change the options below to calculate Groww brokerage.
Result for Intraday
Note: Charges may vary due to change in taxes and brokerage plans.
Faqs about Groww Brokerage Calculator
How is brokerage calculated for intraday trading using the Groww brokerage calculator?
Intraday brokerage charges are calculated based on the turnover, applying a brokerage rate of 0.05% on the order value, up to ₹ 20, resulting in the applicable brokerage groww charges.
Is the Groww brokerage calculator applicable for both intraday and delivery trading?
Yes, the Groww brokerage calculator provides calculations for both intraday and delivery trading, allowing users to determine brokerage groww charges for each trading type.
Are the charges mentioned in the Groww calculator inclusive of all applicable taxes?
Yes, the charges displayed in the Groww calculator include all applicable taxes, such as GST, STT, SEBI charges, stamp duty charges, and exchange charges.
How accurate are the calculations provided by the Groww brokerage calculator?
The Groww brokerage calculator provides accurate calculations based on the turnover and the specified brokerage rates. However, users should note that actual charges may vary slightly due to fluctuations in taxes and other factors.
Are there any fees associated with using the Groww brokerage calculator?
No, there are no fees or charges associated with using the Groww brokerage calculator. It is a free tool provided by Groww for users’ convenience.
How can I customize the order type and exchange in the Groww brokerage calculator?
In the Groww brokerage calculator, you can select the order type (buy or sell) and the exchange (BSE or NSE) to calculate the Groww brokerage charges based on your preferences.