Axis Direct Charges for Kotak Mahindra Bank Limited
NSE: KOTAKBANK · Last Close: ₹418.35 · 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 | ₹418.35 | ₹2.09 | ₹0.84 | ₹0.03 | ₹0.06 | ₹0.38 | ₹20.88 | ₹24.28 | +24.28 (5.8%) |
| 10 shares | ₹4,183.50 | ₹20.92 | ₹8.37 | ₹0.26 | ₹0.63 | ₹3.81 | ₹20.88 | ₹54.87 | +5.49 (1.31%) |
| 50 shares | ₹20,917.50 | ₹40.00 | ₹41.84 | ₹1.28 | ₹3.14 | ₹7.43 | ₹20.88 | ₹114.57 | +2.29 (0.55%) |
| 100 shares | ₹41,835.00 | ₹40.00 | ₹83.67 | ₹2.56 | ₹6.28 | ₹7.66 | ₹20.88 | ₹161.05 | +1.61 (0.38%) |
| 500 shares | ₹209,175.00 | ₹40.00 | ₹418.35 | ₹12.84 | ₹31.38 | ₹9.51 | ₹20.88 | ₹532.96 | +1.07 (0.26%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹20.88 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 | ₹418.35 | ₹0.25 | ₹0.10 | ₹0.03 | ₹0.01 | ₹0.05 | ₹0.44 | +0.44 (0.11%) |
| 10 shares | ₹4,183.50 | ₹2.51 | ₹1.05 | ₹0.26 | ₹0.13 | ₹0.50 | ₹4.45 | +0.45 (0.11%) |
| 50 shares | ₹20,917.50 | ₹12.55 | ₹5.23 | ₹1.28 | ₹0.63 | ₹2.49 | ₹22.18 | +0.44 (0.11%) |
| 100 shares | ₹41,835.00 | ₹25.10 | ₹10.46 | ₹2.56 | ₹1.26 | ₹4.98 | ₹44.36 | +0.44 (0.11%) |
| 500 shares | ₹209,175.00 | ₹40.00 | ₹52.29 | ₹12.84 | ₹6.28 | ₹9.51 | ₹120.92 | +0.24 (0.06%) |
How Axis Direct Compares to Alternatives (100 Shares of KOTAKBANK)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Axis Direct |
|---|---|---|---|
| Axis Direct (Selected) | ₹40.00 | ₹161.05 | — |
| Zerodha | ₹0.00 | ₹108.31 | -52.74 |
| Groww | ₹40.00 | ₹156.10 | -4.95 |
| Angel One | ₹40.00 | ₹163.77 | +2.72 |
| Dhan | ₹0.00 | ₹107.72 | -53.33 |
Ready to trade Kotak Mahindra Bank Limited?
Open an account with Axis Direct in 5 minutes with paperless e-KYC.
Frequently Asked Questions
What is the brokerage for buying Kotak Mahindra Bank Limited shares on Axis Direct?
On Axis Direct, equity delivery brokerage for Kotak Mahindra Bank Limited is ₹20 flat. Intraday trades incur ₹20 or 0.03% per executed order.
How much STT and government tax is charged when buying Kotak Mahindra Bank 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 KOTAKBANK on Axis Direct?
For an order of 100 shares of KOTAKBANK at ₹418.35, the roundtrip transaction cost is ₹161.05, meaning the stock needs to rise by ₹1.61 (0.38%) to break even.