Kotak Securities Charges for Algoquant Fintech Limited
NSE: ALGOQUANT · Last Close: ₹67.51 · 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 | ₹67.51 | ₹0.00 | ₹0.14 | ₹0.01 | ₹0.01 | ₹0.00 | ₹15.34 | ₹15.50 | +15.50 (22.96%) |
| 10 shares | ₹675.10 | ₹0.00 | ₹1.35 | ₹0.05 | ₹0.10 | ₹0.01 | ₹15.34 | ₹16.85 | +1.69 (2.5%) |
| 50 shares | ₹3,375.50 | ₹0.00 | ₹6.75 | ₹0.21 | ₹0.51 | ₹0.04 | ₹15.34 | ₹22.85 | +0.46 (0.68%) |
| 100 shares | ₹6,751.00 | ₹0.00 | ₹13.50 | ₹0.41 | ₹1.01 | ₹0.07 | ₹15.34 | ₹30.33 | +0.30 (0.44%) |
| 500 shares | ₹33,755.00 | ₹0.00 | ₹67.51 | ₹2.08 | ₹5.06 | ₹0.37 | ₹15.34 | ₹90.36 | +0.18 (0.27%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹15.34 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 | ₹67.51 | ₹0.00 | ₹0.02 | ₹0.01 | ₹0.00 | ₹0.00 | ₹0.03 | +0.03 (0.04%) |
| 10 shares | ₹675.10 | ₹0.00 | ₹0.17 | ₹0.05 | ₹0.02 | ₹0.01 | ₹0.25 | +0.03 (0.04%) |
| 50 shares | ₹3,375.50 | ₹0.00 | ₹0.84 | ₹0.21 | ₹0.10 | ₹0.04 | ₹1.19 | +0.02 (0.03%) |
| 100 shares | ₹6,751.00 | ₹0.00 | ₹1.69 | ₹0.41 | ₹0.20 | ₹0.07 | ₹2.37 | +0.02 (0.03%) |
| 500 shares | ₹33,755.00 | ₹0.00 | ₹8.44 | ₹2.08 | ₹1.01 | ₹0.37 | ₹11.90 | +0.02 (0.03%) |
How Kotak Securities Compares to Alternatives (100 Shares of ALGOQUANT)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Kotak Securities |
|---|---|---|---|
| Kotak Securities (Selected) | ₹0.00 | ₹30.33 | — |
| Zerodha | ₹0.00 | ₹30.33 | 0.00 |
| Groww | ₹13.50 | ₹46.85 | +16.52 |
| Angel One | ₹13.50 | ₹54.52 | +24.19 |
| Dhan | ₹0.00 | ₹29.74 | -0.59 |
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Frequently Asked Questions
What is the brokerage for buying Algoquant Fintech Limited shares on Kotak Securities?
On Kotak Securities, equity delivery brokerage for Algoquant Fintech Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹0 per executed order.
How much STT and government tax is charged when buying Algoquant Fintech 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 ALGOQUANT on Kotak Securities?
For an order of 100 shares of ALGOQUANT at ₹67.51, the roundtrip transaction cost is ₹30.33, meaning the stock needs to rise by ₹0.30 (0.44%) to break even.