Alice Blue Charges for Mahindra & Mahindra Financial Services Limited
NSE: M&MFIN · Last Close: ₹319.75 · 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 | ₹319.75 | ₹0.00 | ₹0.64 | ₹0.03 | ₹0.05 | ₹0.01 | ₹17.70 | ₹18.43 | +18.43 (5.76%) |
| 10 shares | ₹3,197.50 | ₹0.00 | ₹6.40 | ₹0.20 | ₹0.48 | ₹0.04 | ₹17.70 | ₹24.82 | +2.48 (0.78%) |
| 50 shares | ₹15,987.50 | ₹0.00 | ₹31.98 | ₹0.98 | ₹2.40 | ₹0.18 | ₹17.70 | ₹53.24 | +1.06 (0.33%) |
| 100 shares | ₹31,975.00 | ₹0.00 | ₹63.95 | ₹1.96 | ₹4.80 | ₹0.35 | ₹17.70 | ₹88.76 | +0.89 (0.28%) |
| 500 shares | ₹159,875.00 | ₹0.00 | ₹319.75 | ₹9.82 | ₹23.98 | ₹1.77 | ₹17.70 | ₹373.02 | +0.75 (0.23%) |
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 | ₹319.75 | ₹0.19 | ₹0.08 | ₹0.03 | ₹0.01 | ₹0.04 | ₹0.35 | +0.35 (0.11%) |
| 10 shares | ₹3,197.50 | ₹1.92 | ₹0.80 | ₹0.20 | ₹0.10 | ₹0.38 | ₹3.40 | +0.34 (0.11%) |
| 50 shares | ₹15,987.50 | ₹9.59 | ₹4.00 | ₹0.98 | ₹0.48 | ₹1.90 | ₹16.95 | +0.34 (0.11%) |
| 100 shares | ₹31,975.00 | ₹19.18 | ₹7.99 | ₹1.96 | ₹0.96 | ₹3.81 | ₹33.90 | +0.34 (0.11%) |
| 500 shares | ₹159,875.00 | ₹30.00 | ₹39.97 | ₹9.82 | ₹4.80 | ₹7.17 | ₹91.76 | +0.18 (0.06%) |
How Alice Blue Compares to Alternatives (100 Shares of M&MFIN)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Alice Blue |
|---|---|---|---|
| Alice Blue (Selected) | ₹0.00 | ₹88.76 | — |
| Zerodha | ₹0.00 | ₹86.40 | -2.36 |
| Groww | ₹40.00 | ₹134.19 | +45.43 |
| Angel One | ₹40.00 | ₹141.86 | +53.10 |
| Dhan | ₹0.00 | ₹85.81 | -2.95 |
Ready to trade Mahindra & Mahindra Financial Services Limited?
Open an account with Alice Blue in 5 minutes with paperless e-KYC.
Frequently Asked Questions
What is the brokerage for buying Mahindra & Mahindra Financial Services Limited shares on Alice Blue?
On Alice Blue, equity delivery brokerage for Mahindra & Mahindra Financial Services 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 Financial Services 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&MFIN on Alice Blue?
For an order of 100 shares of M&MFIN at ₹319.75, the roundtrip transaction cost is ₹88.76, meaning the stock needs to rise by ₹0.89 (0.28%) to break even.