✦ Primary-Disclosed Fee Matrix

Choice Broking Charges for SML Mahindra Limited

NSE: SMLMAH · Last Close: ₹6,251.00 · Sector: EQ

Delivery Brokerage
₹20
Choice Jiffy platform, advisory research calls & margin funding
Intraday Brokerage
₹20 flat
or 0.02% per executed order
Roundtrip 100 Shares
₹1457.69
Includes STT, Exchange Fees, GST & DP
Breakeven Target
+14.58 pts
+0.23% share price move
EQUITY DELIVERY FEE BREAKDOWN

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 ₹6,251.00 ₹25.00 ₹12.50 ₹0.38 ₹0.94 ₹4.57 ₹21.24 ₹64.63 +64.63 (1.03%)
10 shares ₹62,510.00 ₹40.00 ₹125.02 ₹3.84 ₹9.38 ₹7.89 ₹21.24 ₹207.37 +20.74 (0.33%)
50 shares ₹312,550.00 ₹40.00 ₹625.10 ₹19.20 ₹46.88 ₹10.66 ₹21.24 ₹763.08 +15.26 (0.24%)
100 shares ₹625,100.00 ₹40.00 ₹1250.20 ₹38.38 ₹93.76 ₹14.11 ₹21.24 ₹1457.69 +14.58 (0.23%)
500 shares ₹3,125,500.00 ₹40.00 ₹6251.00 ₹191.90 ₹468.82 ₹41.74 ₹21.24 ₹7014.70 +14.03 (0.22%)

Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹21.24 is levied on the sell-leg from Demat.

INTRADAY SCENARIO

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 ₹6,251.00 ₹2.50 ₹1.56 ₹0.38 ₹0.19 ₹0.52 ₹5.15 +5.15 (0.08%)
10 shares ₹62,510.00 ₹25.00 ₹15.63 ₹3.84 ₹1.88 ₹5.19 ₹51.54 +5.15 (0.08%)
50 shares ₹312,550.00 ₹40.00 ₹78.14 ₹19.20 ₹9.38 ₹10.66 ₹157.38 +3.15 (0.05%)
100 shares ₹625,100.00 ₹40.00 ₹156.28 ₹38.38 ₹18.75 ₹14.11 ₹267.52 +2.68 (0.04%)
500 shares ₹3,125,500.00 ₹40.00 ₹781.38 ₹191.90 ₹93.77 ₹41.74 ₹1148.79 +2.30 (0.04%)
PEER BENCHMARK

How Choice Broking Compares to Alternatives (100 Shares of SMLMAH)

Broker Brokerage Fee Total Transaction Charges Difference vs Choice Broking
Choice Broking (Selected) ₹40.00 ₹1457.69 —
Zerodha ₹0.00 ₹1404.59 -53.10
Groww ₹40.00 ₹1452.38 -5.31
Angel One ₹40.00 ₹1460.05 +2.36
Dhan ₹0.00 ₹1404.00 -53.69

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Frequently Asked Questions

What is the brokerage for buying SML Mahindra Limited shares on Choice Broking?

On Choice Broking, equity delivery brokerage for SML Mahindra Limited is ₹20 flat. Intraday trades incur ₹20 or 0.02% per executed order.

How much STT and government tax is charged when buying SML 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 SMLMAH on Choice Broking?

For an order of 100 shares of SMLMAH at ₹6,251.00, the roundtrip transaction cost is ₹1457.69, meaning the stock needs to rise by ₹14.58 (0.23%) to break even.