Groww Charges for Muthoot Microfin Limited
NSE: MUTHOOTMF · Last Close: ₹174.09 · 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 | ₹174.09 | ₹0.35 | ₹0.35 | ₹0.02 | ₹0.03 | ₹0.07 | ₹15.93 | ₹16.75 | +16.75 (9.62%) |
| 10 shares | ₹1,740.90 | ₹3.48 | ₹3.48 | ₹0.11 | ₹0.26 | ₹0.65 | ₹15.93 | ₹23.91 | +2.39 (1.37%) |
| 50 shares | ₹8,704.50 | ₹17.41 | ₹17.41 | ₹0.54 | ₹1.31 | ₹3.23 | ₹15.93 | ₹55.83 | +1.12 (0.64%) |
| 100 shares | ₹17,409.00 | ₹34.82 | ₹34.82 | ₹1.06 | ₹2.61 | ₹6.46 | ₹15.93 | ₹95.70 | +0.96 (0.55%) |
| 500 shares | ₹87,045.00 | ₹40.00 | ₹174.09 | ₹5.34 | ₹13.06 | ₹8.16 | ₹15.93 | ₹256.58 | +0.51 (0.29%) |
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 | ₹174.09 | ₹0.35 | ₹0.04 | ₹0.02 | ₹0.01 | ₹0.07 | ₹0.49 | +0.49 (0.28%) |
| 10 shares | ₹1,740.90 | ₹3.48 | ₹0.44 | ₹0.11 | ₹0.05 | ₹0.65 | ₹4.73 | +0.47 (0.27%) |
| 50 shares | ₹8,704.50 | ₹17.41 | ₹2.18 | ₹0.54 | ₹0.26 | ₹3.23 | ₹23.62 | +0.47 (0.27%) |
| 100 shares | ₹17,409.00 | ₹34.82 | ₹4.35 | ₹1.06 | ₹0.52 | ₹6.46 | ₹47.21 | +0.47 (0.27%) |
| 500 shares | ₹87,045.00 | ₹40.00 | ₹21.76 | ₹5.34 | ₹2.61 | ₹8.16 | ₹77.87 | +0.16 (0.09%) |
How Groww Compares to Alternatives (100 Shares of MUTHOOTMF)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Groww |
|---|---|---|---|
| Groww (Selected) | ₹34.82 | ₹95.70 | — |
| Zerodha | ₹0.00 | ₹54.02 | -41.68 |
| Angel One | ₹34.82 | ₹103.37 | +7.67 |
| Dhan | ₹0.00 | ₹53.43 | -42.27 |
| ICICI Direct | ₹40.00 | ₹109.48 | +13.78 |
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Frequently Asked Questions
What is the brokerage for buying Muthoot Microfin Limited shares on Groww?
On Groww, equity delivery brokerage for Muthoot Microfin Limited is ₹20 flat. Intraday trades incur ₹20 or 0.10% per executed order.
How much STT and government tax is charged when buying Muthoot Microfin 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 MUTHOOTMF on Groww?
For an order of 100 shares of MUTHOOTMF at ₹174.09, the roundtrip transaction cost is ₹95.70, meaning the stock needs to rise by ₹0.96 (0.55%) to break even.