✦ Primary-Disclosed Fee Matrix
Groww Charges for Max India Limited
NSE: MAXIND · Last Close: ₹162.78 · Sector: EQ
Delivery Brokerage
₹20
Rs 20 or 0.1% flat, zero AMC Demat
Intraday Brokerage
₹20 flat
or 0.10% per executed order
Roundtrip 100 Shares
₹90.53
Includes STT, Exchange Fees, GST & DP
Breakeven Target
+0.91 pts
+0.56% 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 | ₹162.78 | ₹0.33 | ₹0.33 | ₹0.02 | ₹0.02 | ₹0.06 | ₹15.93 | ₹16.69 | +16.69 (10.25%) |
| 10 shares | ₹1,627.80 | ₹3.26 | ₹3.26 | ₹0.11 | ₹0.24 | ₹0.61 | ₹15.93 | ₹23.41 | +2.34 (1.44%) |
| 50 shares | ₹8,139.00 | ₹16.28 | ₹16.28 | ₹0.50 | ₹1.22 | ₹3.02 | ₹15.93 | ₹53.23 | +1.06 (0.65%) |
| 100 shares | ₹16,278.00 | ₹32.56 | ₹32.56 | ₹1.00 | ₹2.44 | ₹6.04 | ₹15.93 | ₹90.53 | +0.91 (0.56%) |
| 500 shares | ₹81,390.00 | ₹40.00 | ₹162.78 | ₹4.99 | ₹12.21 | ₹8.10 | ₹15.93 | ₹244.01 | +0.49 (0.3%) |
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 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 | ₹162.78 | ₹0.33 | ₹0.04 | ₹0.02 | ₹0.00 | ₹0.06 | ₹0.45 | +0.45 (0.28%) |
| 10 shares | ₹1,627.80 | ₹3.26 | ₹0.41 | ₹0.11 | ₹0.05 | ₹0.61 | ₹4.44 | +0.44 (0.27%) |
| 50 shares | ₹8,139.00 | ₹16.28 | ₹2.03 | ₹0.50 | ₹0.24 | ₹3.02 | ₹22.07 | +0.44 (0.27%) |
| 100 shares | ₹16,278.00 | ₹32.56 | ₹4.07 | ₹1.00 | ₹0.49 | ₹6.04 | ₹44.16 | +0.44 (0.27%) |
| 500 shares | ₹81,390.00 | ₹40.00 | ₹20.35 | ₹4.99 | ₹2.44 | ₹8.10 | ₹75.88 | +0.15 (0.09%) |
PEER BENCHMARK
How Groww Compares to Alternatives (100 Shares of MAXIND)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Groww |
|---|---|---|---|
| Groww (Selected) | ₹32.56 | ₹90.53 | — |
| Zerodha | ₹0.00 | ₹51.52 | -39.01 |
| Angel One | ₹32.56 | ₹98.20 | +7.67 |
| Dhan | ₹0.00 | ₹50.93 | -39.60 |
| ICICI Direct | ₹40.00 | ₹106.98 | +16.45 |
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Frequently Asked Questions
What is the brokerage for buying Max India Limited shares on Groww?
On Groww, equity delivery brokerage for Max India Limited is ₹20 flat. Intraday trades incur ₹20 or 0.10% per executed order.
How much STT and government tax is charged when buying Max India 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 MAXIND on Groww?
For an order of 100 shares of MAXIND at ₹162.78, the roundtrip transaction cost is ₹90.53, meaning the stock needs to rise by ₹0.91 (0.56%) to break even.