Groww 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 | ₹5.72 | ₹5.72 | ₹0.18 | ₹0.43 | ₹1.06 | ₹15.93 | ₹29.04 | +29.04 (1.02%) |
| 10 shares | ₹28,600.00 | ₹40.00 | ₹57.20 | ₹1.76 | ₹4.29 | ₹7.52 | ₹15.93 | ₹126.70 | +12.67 (0.44%) |
| 50 shares | ₹143,000.00 | ₹40.00 | ₹286.00 | ₹8.78 | ₹21.45 | ₹8.78 | ₹15.93 | ₹380.94 | +7.62 (0.27%) |
| 100 shares | ₹286,000.00 | ₹40.00 | ₹572.00 | ₹17.56 | ₹42.90 | ₹10.36 | ₹15.93 | ₹698.75 | +6.99 (0.24%) |
| 500 shares | ₹1,430,000.00 | ₹40.00 | ₹2860.00 | ₹87.80 | ₹214.50 | ₹23.00 | ₹15.93 | ₹3241.23 | +6.48 (0.23%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹15.93 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 | ₹5.72 | ₹0.71 | ₹0.18 | ₹0.09 | ₹1.06 | ₹7.76 | +7.76 (0.27%) |
| 10 shares | ₹28,600.00 | ₹40.00 | ₹7.15 | ₹1.76 | ₹0.86 | ₹7.52 | ₹57.29 | +5.73 (0.2%) |
| 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 Groww Compares to Alternatives (100 Shares of M&M)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Groww |
|---|---|---|---|
| Groww (Selected) | ₹40.00 | ₹698.75 | — |
| Zerodha | ₹0.00 | ₹650.96 | -47.79 |
| Angel One | ₹40.00 | ₹706.42 | +7.67 |
| Dhan | ₹0.00 | ₹650.37 | -48.38 |
| ICICI Direct | ₹40.00 | ₹706.42 | +7.67 |
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Frequently Asked Questions
What is the brokerage for buying Mahindra & Mahindra Limited shares on Groww?
On Groww, equity delivery brokerage for Mahindra & Mahindra Limited is ₹20 flat. Intraday trades incur ₹20 or 0.10% 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 Groww?
For an order of 100 shares of M&M at ₹2,860.00, the roundtrip transaction cost is ₹698.75, meaning the stock needs to rise by ₹6.99 (0.24%) to break even.