✦ Primary-Disclosed Fee Matrix
Groww Charges for MM Forgings Limited
NSE: MMFL · Last Close: ₹571.95 · 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
₹190.24
Includes STT, Exchange Fees, GST & DP
Breakeven Target
+1.90 pts
+0.33% 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 | ₹571.95 | ₹1.14 | ₹1.14 | ₹0.04 | ₹0.09 | ₹0.21 | ₹15.93 | ₹18.55 | +18.55 (3.24%) |
| 10 shares | ₹5,719.50 | ₹11.44 | ₹11.44 | ₹0.35 | ₹0.86 | ₹2.12 | ₹15.93 | ₹42.14 | +4.21 (0.74%) |
| 50 shares | ₹28,597.50 | ₹40.00 | ₹57.20 | ₹1.76 | ₹4.29 | ₹7.52 | ₹15.93 | ₹126.70 | +2.53 (0.44%) |
| 100 shares | ₹57,195.00 | ₹40.00 | ₹114.39 | ₹3.51 | ₹8.58 | ₹7.83 | ₹15.93 | ₹190.24 | +1.90 (0.33%) |
| 500 shares | ₹285,975.00 | ₹40.00 | ₹571.95 | ₹17.56 | ₹42.90 | ₹10.36 | ₹15.93 | ₹698.70 | +1.40 (0.24%) |
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 | ₹571.95 | ₹1.14 | ₹0.14 | ₹0.04 | ₹0.02 | ₹0.21 | ₹1.55 | +1.55 (0.27%) |
| 10 shares | ₹5,719.50 | ₹11.44 | ₹1.43 | ₹0.35 | ₹0.17 | ₹2.12 | ₹15.51 | +1.55 (0.27%) |
| 50 shares | ₹28,597.50 | ₹40.00 | ₹7.15 | ₹1.76 | ₹0.86 | ₹7.52 | ₹57.29 | +1.15 (0.2%) |
| 100 shares | ₹57,195.00 | ₹40.00 | ₹14.30 | ₹3.51 | ₹1.72 | ₹7.83 | ₹67.36 | +0.67 (0.12%) |
| 500 shares | ₹285,975.00 | ₹40.00 | ₹71.49 | ₹17.56 | ₹8.58 | ₹10.36 | ₹147.99 | +0.30 (0.05%) |
PEER BENCHMARK
How Groww Compares to Alternatives (100 Shares of MMFL)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Groww |
|---|---|---|---|
| Groww (Selected) | ₹40.00 | ₹190.24 | — |
| Zerodha | ₹0.00 | ₹142.45 | -47.79 |
| Angel One | ₹40.00 | ₹197.91 | +7.67 |
| Dhan | ₹0.00 | ₹141.86 | -48.38 |
| ICICI Direct | ₹40.00 | ₹197.91 | +7.67 |
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Frequently Asked Questions
What is the brokerage for buying MM Forgings Limited shares on Groww?
On Groww, equity delivery brokerage for MM Forgings Limited is ₹20 flat. Intraday trades incur ₹20 or 0.10% 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 Groww?
For an order of 100 shares of MMFL at ₹571.95, the roundtrip transaction cost is ₹190.24, meaning the stock needs to rise by ₹1.90 (0.33%) to break even.