BROKERAGE STRUCTURE:
Please be informed that for all the trades, HDFC Securities would charge its customers’ Brokerage, Service Tax & Securities Transactions Tax.
Equity Segment:
(a) Delivery Based Trades:
(i) For securities, whose Current Market Price is above Rs.10.00 per share
Brokerage is 0.5% of the Transaction value subject to a minimum of Rs.25.00 per order, subject to a ceiling of 2.5% of the total traded value plus Service Tax & Securities Transaction Tax @ applicable rates.
(ii) For securities, whose Current Market Price is below Rs.10.00 per share
Brokerage is Rs.0.05 per share, subject to a minimum of Rs.25.00 per order, subject to a ceiling of 2.5% of the total traded value plus Service Tax & Securities Transaction Tax @ applicable rates.
(b) Square-Off Trades – Cash & Carry Segment:
(i) For securities, whose Current Market Price is above Rs.10.00 per share
Brokerage is 0.10% of the Transaction Value, subject to a minimum of Rs.25.00 per order (applicable on both Buy as well as Sell Order), subject to a ceiling of 2.5% of the total traded value plus Service Tax & Securities Transaction Tax @ applicable rates.
(ii) For securities, whose Current Market Price is below Rs.10.00 per share
Brokerage is Rs.0.05 per shares, subject to a minimum of Rs.25.00 per order (applicable on both Buy as well as Sell Order), subject to a ceiling of 2.5% of the total traded value plus Service Tax & Securities Transaction Tax @ applicable rates.
(c) Square-Off Trades – Margin Segment:
(i) For securities, whose Current Market Price is above Rs.10.00 per share
Brokerage is 0.05% of the Transaction Value, subject to a minimum of Rs.25.00 per order (applicable on both Buy as well as Sell Order), subject to a ceiling of 2.5% of the total traded value plus Service Tax & Securities Transaction Tax @ applicable rates.
(ii) For securities, whose Current Market Price is below Rs.10.00 per share
Brokerage is Rs.0.05 per shares, subject to a minimum of Rs.25.00 per order (applicable on both Buy as well as Sell Order), subject to a ceiling of 2.5% of the total traded value plus Service Tax & Securities Transaction Tax @ applicable rates.
Derivates Segment:
(a) Futures Market:
(i) Non-Square Off (Carry Forward) Trades
Brokerage is 0.05% of the Transaction Value or minimum of Rs.25.00 per trade, (applicable on both Buy as well as Sell Order) subject to 2.5% per trade, plus Service Tax & Securities Transaction Tax @ applicable rates.
(ii) Square-Off Trades
Brokerage is 0.025% of the Transaction Value or minimum of Rs.25.00 per trade, (applicable on both Buy as well as Sell Order) subject to 2.5% per trade, plus Service Tax & Securities Transaction Tax @ applicable rates.
(b) Options Market:
Brokerage is higher of 1% of the premium amount or Rs.100 per lot, plus Service Tax & Securities Transaction Tax @ applicable rates.
Service Tax: ***
Service Tax (inclusive of education cess) will be levied @ 12.36%of the Brokerage Value
Securities Transaction Tax: ***
Cash Market:
Securities Transaction Tax on the transactions executed on the Exchange on or after 01st June, 2006 shall be as indicated in Column D below.
Sr.No. Taxable securities transaction Effective rates till 31.05.2006 New rates from 01.06.2006 Payable by
A B C D E
1. Purchase of an equity share in a company or a unit of an equity oriented fund, where –
1. The transaction of such purchase is entered into in a recognised stock exchange; and
(b) The contract for the purchase of such share or unit is settled by the actual delivery or transfer of such share or unit.
0.1 per cent. 0.125 per cent. Purchaser.
2. Sale of an equity share in a company or a unit of an equity oriented fund, where –
1. The transaction of such sale is entered into in a recognised stock exchange; and
(b) The contract for the sale of such share or unit is settled by the actual delivery or transfer of such share or unit.
0.1 per cent. 0.125 per cent. Seller.
3. Sale of an equity share in a company or a unit of an equity oriented fund, where –
1. (a) The transaction of such sale is entered into in a recognised stock exchange; and
2. (b) The contract for the sale of such share or unit is settled otherwise than by the actual delivery or transfer of such share or unit.
0.02 per cent. 0.025 per cent. Seller.
Derivatives Market:
Securities Transaction Tax on the transactions executed on the Exchange on or after 01st June, 2006 shall be as indicated in Column D below.
Sr.No. Taxable securities transaction Effective rate till 31.05.2006 New rate from 01.06.2006 Payable by
A B C D E
1. Sale of a derivative, where the transaction of such sale is entered into in a recognised stock exchange. 0.0133 per cent. 0.017 per cent. Seller.
**** Subject to change as per Government Policies.
Lastly, in our endeavor to help you reap the benefit of happy investing in the Secondary Market, we have introduced Brokerage Rebate Structure. Details of the Structure are available on our website
www.hdfcsec.com -> Summary of Service Charges.