Alice Blue Charges for Max Financial Services Limited
NSE: MFSL · Last Close: ₹1,392.00 · 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 | ₹1,392.00 | ₹0.00 | ₹2.78 | ₹0.09 | ₹0.21 | ₹0.02 | ₹17.70 | ₹20.80 | +20.80 (1.49%) |
| 10 shares | ₹13,920.00 | ₹0.00 | ₹27.84 | ₹0.86 | ₹2.09 | ₹0.15 | ₹17.70 | ₹48.64 | +4.86 (0.35%) |
| 50 shares | ₹69,600.00 | ₹0.00 | ₹139.20 | ₹4.27 | ₹10.44 | ₹0.77 | ₹17.70 | ₹172.38 | +3.45 (0.25%) |
| 100 shares | ₹139,200.00 | ₹0.00 | ₹278.40 | ₹8.55 | ₹20.88 | ₹1.54 | ₹17.70 | ₹327.07 | +3.27 (0.23%) |
| 500 shares | ₹696,000.00 | ₹0.00 | ₹1392.00 | ₹42.73 | ₹104.40 | ₹7.69 | ₹17.70 | ₹1564.52 | +3.13 (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 | ₹1,392.00 | ₹0.84 | ₹0.35 | ₹0.09 | ₹0.04 | ₹0.17 | ₹1.49 | +1.49 (0.11%) |
| 10 shares | ₹13,920.00 | ₹8.35 | ₹3.48 | ₹0.86 | ₹0.42 | ₹1.66 | ₹14.77 | +1.48 (0.11%) |
| 50 shares | ₹69,600.00 | ₹30.00 | ₹17.40 | ₹4.27 | ₹2.09 | ₹6.17 | ₹59.93 | +1.20 (0.09%) |
| 100 shares | ₹139,200.00 | ₹30.00 | ₹34.80 | ₹8.55 | ₹4.18 | ₹6.94 | ₹84.47 | +0.84 (0.06%) |
| 500 shares | ₹696,000.00 | ₹30.00 | ₹174.00 | ₹42.73 | ₹20.88 | ₹13.09 | ₹280.70 | +0.56 (0.04%) |
How Alice Blue Compares to Alternatives (100 Shares of MFSL)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Alice Blue |
|---|---|---|---|
| Alice Blue (Selected) | ₹0.00 | ₹327.07 | — |
| Zerodha | ₹0.00 | ₹324.71 | -2.36 |
| Groww | ₹40.00 | ₹372.50 | +45.43 |
| Angel One | ₹40.00 | ₹380.17 | +53.10 |
| Dhan | ₹0.00 | ₹324.12 | -2.95 |
Ready to trade Max 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 Max Financial Services Limited shares on Alice Blue?
On Alice Blue, equity delivery brokerage for Max 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 Max 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 MFSL on Alice Blue?
For an order of 100 shares of MFSL at ₹1,392.00, the roundtrip transaction cost is ₹327.07, meaning the stock needs to rise by ₹3.27 (0.23%) to break even.