Axis Direct 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 | ₹14.30 | ₹5.72 | ₹0.18 | ₹0.43 | ₹2.61 | ₹20.88 | ₹44.12 | +44.12 (1.54%) |
| 10 shares | ₹28,600.00 | ₹40.00 | ₹57.20 | ₹1.76 | ₹4.29 | ₹7.52 | ₹20.88 | ₹131.65 | +13.17 (0.46%) |
| 50 shares | ₹143,000.00 | ₹40.00 | ₹286.00 | ₹8.78 | ₹21.45 | ₹8.78 | ₹20.88 | ₹385.89 | +7.72 (0.27%) |
| 100 shares | ₹286,000.00 | ₹40.00 | ₹572.00 | ₹17.56 | ₹42.90 | ₹10.36 | ₹20.88 | ₹703.70 | +7.04 (0.25%) |
| 500 shares | ₹1,430,000.00 | ₹40.00 | ₹2860.00 | ₹87.80 | ₹214.50 | ₹23.00 | ₹20.88 | ₹3246.18 | +6.49 (0.23%) |
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 | ₹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 | ₹40.00 | ₹35.75 | ₹8.78 | ₹4.29 | ₹8.78 | ₹97.60 | +1.95 (0.07%) |
| 100 shares | ₹286,000.00 | ₹40.00 | ₹71.50 | ₹17.56 | ₹8.58 | ₹10.36 | ₹148.00 | +1.48 (0.05%) |
| 500 shares | ₹1,430,000.00 | ₹40.00 | ₹357.50 | ₹87.80 | ₹42.90 | ₹23.00 | ₹551.20 | +1.10 (0.04%) |
How Axis Direct Compares to Alternatives (100 Shares of M&M)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Axis Direct |
|---|---|---|---|
| Axis Direct (Selected) | ₹40.00 | ₹703.70 | — |
| Zerodha | ₹0.00 | ₹650.96 | -52.74 |
| Groww | ₹40.00 | ₹698.75 | -4.95 |
| Angel One | ₹40.00 | ₹706.42 | +2.72 |
| Dhan | ₹0.00 | ₹650.37 | -53.33 |
Ready to trade Mahindra & Mahindra Limited?
Open an account with Axis Direct in 5 minutes with paperless e-KYC.
Frequently Asked Questions
What is the brokerage for buying Mahindra & Mahindra Limited shares on Axis Direct?
On Axis Direct, equity delivery brokerage for Mahindra & Mahindra Limited is ₹20 flat. Intraday trades incur ₹20 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 Axis Direct?
For an order of 100 shares of M&M at ₹2,860.00, the roundtrip transaction cost is ₹703.70, meaning the stock needs to rise by ₹7.04 (0.25%) to break even.