Axis Direct Charges for MM Forgings Limited
NSE: MMFL · Last Close: ₹571.95 · 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 | ₹571.95 | ₹2.86 | ₹1.14 | ₹0.04 | ₹0.09 | ₹0.52 | ₹20.88 | ₹25.53 | +25.53 (4.46%) |
| 10 shares | ₹5,719.50 | ₹28.60 | ₹11.44 | ₹0.35 | ₹0.86 | ₹5.21 | ₹20.88 | ₹67.34 | +6.73 (1.18%) |
| 50 shares | ₹28,597.50 | ₹40.00 | ₹57.20 | ₹1.76 | ₹4.29 | ₹7.52 | ₹20.88 | ₹131.65 | +2.63 (0.46%) |
| 100 shares | ₹57,195.00 | ₹40.00 | ₹114.39 | ₹3.51 | ₹8.58 | ₹7.83 | ₹20.88 | ₹195.19 | +1.95 (0.34%) |
| 500 shares | ₹285,975.00 | ₹40.00 | ₹571.95 | ₹17.56 | ₹42.90 | ₹10.36 | ₹20.88 | ₹703.65 | +1.41 (0.25%) |
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 | ₹571.95 | ₹0.34 | ₹0.14 | ₹0.04 | ₹0.02 | ₹0.07 | ₹0.61 | +0.61 (0.11%) |
| 10 shares | ₹5,719.50 | ₹3.43 | ₹1.43 | ₹0.35 | ₹0.17 | ₹0.68 | ₹6.06 | +0.61 (0.11%) |
| 50 shares | ₹28,597.50 | ₹17.16 | ₹7.15 | ₹1.76 | ₹0.86 | ₹3.41 | ₹30.34 | +0.61 (0.11%) |
| 100 shares | ₹57,195.00 | ₹34.32 | ₹14.30 | ₹3.51 | ₹1.72 | ₹6.81 | ₹60.66 | +0.61 (0.11%) |
| 500 shares | ₹285,975.00 | ₹40.00 | ₹71.49 | ₹17.56 | ₹8.58 | ₹10.36 | ₹147.99 | +0.30 (0.05%) |
How Axis Direct Compares to Alternatives (100 Shares of MMFL)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Axis Direct |
|---|---|---|---|
| Axis Direct (Selected) | ₹40.00 | ₹195.19 | — |
| Zerodha | ₹0.00 | ₹142.45 | -52.74 |
| Groww | ₹40.00 | ₹190.24 | -4.95 |
| Angel One | ₹40.00 | ₹197.91 | +2.72 |
| Dhan | ₹0.00 | ₹141.86 | -53.33 |
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Frequently Asked Questions
What is the brokerage for buying MM Forgings Limited shares on Axis Direct?
On Axis Direct, equity delivery brokerage for MM Forgings Limited is ₹20 flat. Intraday trades incur ₹20 or 0.03% per executed order.
How much STT and government tax is charged when buying MM Forgings 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 MMFL on Axis Direct?
For an order of 100 shares of MMFL at ₹571.95, the roundtrip transaction cost is ₹195.19, meaning the stock needs to rise by ₹1.95 (0.34%) to break even.