Groww Charges for SBI Funds Management Limited
NSE: SBIFUNDS · Last Close: ₹500.35 · 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 | ₹500.35 | ₹1.00 | ₹1.00 | ₹0.04 | ₹0.08 | ₹0.19 | ₹15.93 | ₹18.24 | +18.24 (3.65%) |
| 10 shares | ₹5,003.50 | ₹10.01 | ₹10.01 | ₹0.31 | ₹0.75 | ₹1.86 | ₹15.93 | ₹38.87 | +3.89 (0.78%) |
| 50 shares | ₹25,017.50 | ₹40.00 | ₹50.04 | ₹1.54 | ₹3.75 | ₹7.48 | ₹15.93 | ₹118.74 | +2.37 (0.47%) |
| 100 shares | ₹50,035.00 | ₹40.00 | ₹100.07 | ₹3.07 | ₹7.51 | ₹7.75 | ₹15.93 | ₹174.33 | +1.74 (0.35%) |
| 500 shares | ₹250,175.00 | ₹40.00 | ₹500.35 | ₹15.36 | ₹37.53 | ₹9.96 | ₹15.93 | ₹619.13 | +1.24 (0.25%) |
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 | ₹500.35 | ₹1.00 | ₹0.13 | ₹0.04 | ₹0.02 | ₹0.19 | ₹1.38 | +1.38 (0.28%) |
| 10 shares | ₹5,003.50 | ₹10.01 | ₹1.25 | ₹0.31 | ₹0.15 | ₹1.86 | ₹13.58 | +1.36 (0.27%) |
| 50 shares | ₹25,017.50 | ₹40.00 | ₹6.25 | ₹1.54 | ₹0.75 | ₹7.48 | ₹56.02 | +1.12 (0.22%) |
| 100 shares | ₹50,035.00 | ₹40.00 | ₹12.51 | ₹3.07 | ₹1.50 | ₹7.75 | ₹64.83 | +0.65 (0.13%) |
| 500 shares | ₹250,175.00 | ₹40.00 | ₹62.54 | ₹15.36 | ₹7.51 | ₹9.96 | ₹135.37 | +0.27 (0.05%) |
How Groww Compares to Alternatives (100 Shares of SBIFUNDS)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Groww |
|---|---|---|---|
| Groww (Selected) | ₹40.00 | ₹174.33 | — |
| Zerodha | ₹0.00 | ₹126.54 | -47.79 |
| Angel One | ₹40.00 | ₹182.00 | +7.67 |
| Dhan | ₹0.00 | ₹125.95 | -48.38 |
| ICICI Direct | ₹40.00 | ₹182.00 | +7.67 |
Ready to trade SBI Funds Management Limited?
Open an account with Groww in 5 minutes with paperless e-KYC.
Frequently Asked Questions
What is the brokerage for buying SBI Funds Management Limited shares on Groww?
On Groww, equity delivery brokerage for SBI Funds Management Limited is ₹20 flat. Intraday trades incur ₹20 or 0.10% per executed order.
How much STT and government tax is charged when buying SBI Funds Management 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 SBIFUNDS on Groww?
For an order of 100 shares of SBIFUNDS at ₹500.35, the roundtrip transaction cost is ₹174.33, meaning the stock needs to rise by ₹1.74 (0.35%) to break even.