Alice Blue Charges for Mahindra & Mahindra Limited
NSE: M&M · Last Close: ₹2,860.00 · Sector: EQ
Exact Delivery Cost by Order Quantity (Roundtrip)
| Quantity | Trade Value | Brokerage | STT (0.1%) | Exch+SEBI | Stamp Duty | GST (18%) | DP Fee | Total Cost | Breakeven |
|---|---|---|---|---|---|---|---|---|---|
| 1 share | ₹2,860.00 | ₹0.00 | ₹5.72 | ₹0.18 | ₹0.43 | ₹0.03 | ₹17.70 | ₹24.06 | +24.06 (0.84%) |
| 10 shares | ₹28,600.00 | ₹0.00 | ₹57.20 | ₹1.76 | ₹4.29 | ₹0.32 | ₹17.70 | ₹81.27 | +8.13 (0.28%) |
| 50 shares | ₹143,000.00 | ₹0.00 | ₹286.00 | ₹8.78 | ₹21.45 | ₹1.58 | ₹17.70 | ₹335.51 | +6.71 (0.23%) |
| 100 shares | ₹286,000.00 | ₹0.00 | ₹572.00 | ₹17.56 | ₹42.90 | ₹3.16 | ₹17.70 | ₹653.32 | +6.53 (0.23%) |
| 500 shares | ₹1,430,000.00 | ₹0.00 | ₹2860.00 | ₹87.80 | ₹214.50 | ₹15.80 | ₹17.70 | ₹3195.80 | +6.39 (0.22%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹17.70 is levied on the sell-leg from Demat.
Intraday Buy & Sell Charges (Square-Off Same Day)
| Quantity | Trade Value | Brokerage | STT (0.025%) | Exch+SEBI | Stamp Duty | GST (18%) | Total Cost | Breakeven |
|---|---|---|---|---|---|---|---|---|
| 1 share | ₹2,860.00 | ₹1.72 | ₹0.71 | ₹0.18 | ₹0.09 | ₹0.34 | ₹3.04 | +3.04 (0.11%) |
| 10 shares | ₹28,600.00 | ₹17.16 | ₹7.15 | ₹1.76 | ₹0.86 | ₹3.41 | ₹30.34 | +3.03 (0.11%) |
| 50 shares | ₹143,000.00 | ₹30.00 | ₹35.75 | ₹8.78 | ₹4.29 | ₹6.98 | ₹85.80 | +1.72 (0.06%) |
| 100 shares | ₹286,000.00 | ₹30.00 | ₹71.50 | ₹17.56 | ₹8.58 | ₹8.56 | ₹136.20 | +1.36 (0.05%) |
| 500 shares | ₹1,430,000.00 | ₹30.00 | ₹357.50 | ₹87.80 | ₹42.90 | ₹21.20 | ₹539.40 | +1.08 (0.04%) |
How Alice Blue Compares to Alternatives (100 Shares of M&M)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Alice Blue |
|---|---|---|---|
| Alice Blue (Selected) | ₹0.00 | ₹653.32 | — |
| Zerodha | ₹0.00 | ₹650.96 | -2.36 |
| Groww | ₹40.00 | ₹698.75 | +45.43 |
| Angel One | ₹40.00 | ₹706.42 | +53.10 |
| Dhan | ₹0.00 | ₹650.37 | -2.95 |
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Frequently Asked Questions
What is the brokerage for buying Mahindra & Mahindra Limited shares on Alice Blue?
On Alice Blue, equity delivery brokerage for Mahindra & Mahindra Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹15 or 0.03% per executed order.
How much STT and government tax is charged when buying Mahindra & Mahindra Limited?
Statutory taxes include 0.1% Securities Transaction Tax (STT) on buy and sell for delivery, 0.00297% NSE exchange turnover charges, 0.0001% SEBI turnover fees, 0.015% stamp duty on buy, and 18% GST on non-tax services.
What is the breakeven price movement required for M&M on Alice Blue?
For an order of 100 shares of M&M at ₹2,860.00, the roundtrip transaction cost is ₹653.32, meaning the stock needs to rise by ₹6.53 (0.23%) to break even.