Kotak Securities 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. Kotak Securities brokerage calculator helps to make the best possible decisions for the investor’s financial objectives.
Intraday Kotak Securities Brokerage Calculator
For example, if we take a turnover of Rs. 1,00,000.00. The intraday brokerage charges will be Rs. 0.00. 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. 0.54. SEBI Charges are levied as Rs. 10/crore, so it will be Rs. 0.05. Stamp Charges are 0.003% or s. 300 / crore on the buy side, so it will come to Rs. 3.00. So, the total charges would come to Rs. Rs. 6.59.
|Intraday Brokerage Rate||Zero|
|Brokerage Applicable||Rs. 0.00|
|Exchange Charges||Rs. 3.00|
|SEBI Charges||Rs. 0.05|
|Stamp Duty Charges||Rs. 3.00|
|Total Tax & Charges||Rs. 6.59|
|Net Debit||Rs. 1,00,006.59|
Delivery Kotak Securities Brokerage Calculator
For Delivery trading, suppose a turnover is Rs. 1,00,000.00. So, the brokerage charges will be Rs. 250. STT charge will be Rs. 100 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. 3.00. The GST charges are 18% (Brokerage + SEBI charges + transaction charges), so it will be Rs. 45.54. SEBI Charges are levied as Rs. 10/crore, so it will be Rs. 0.05. 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. 15.00. And the total charges would sum up to Rs. 413.59.
|Delivery Brokerage Rate||0.25% on order value|
|Brokerage Applicable||Rs. 250,00|
|Exchange Charges||Rs. 3,00|
|SEBI Charges||Rs. 0,05|
|Stamp Duty Charges||Rs. 15,00|
|Total Tax & Charges||Rs. 413,59|
|Net Debit||Rs. 1,00,413.59|
Result for Intraday
Note: Charges may vary due to change in taxes and brokerage plans.
How does the Intraday Kotak Securities brokerage calculator calculate charges?
Intraday brokerage charges are calculated based on turnover, with zero brokerage rate. STT is not levied on the buy side in intraday trading, and additional charges include exchange charges, GST, SEBI charges, and stamp duty.
What are the key components of charges in Intraday trading according to the calculator?
The charges in Intraday trading include exchange charges, GST, SEBI charges, and stamp duty, all calculated based on turnover and specific percentage rates.
How are charges calculated for Delivery trading using the Kotak Securities brokerage calculator?
For Delivery trading, charges are calculated based on turnover, brokerage rate of 0.25% on order value, STT, exchange charges, GST, SEBI charges, and stamp duty.
What factors determine the total charges for Delivery trading?
Total charges for Delivery trading are determined by the turnover, brokerage rate, STT, exchange charges, GST, SEBI charges, and stamp duty, all calculated as per the specified rates.
What is the calculation process for Net Debit using the Kotak Securities brokerage calculator?
The Net Debit is the sum of the turnover and the total tax and charges calculated, giving the amount that will be debited from the investor’s account.