Kotak Securities Charges for Midwest Limited
NSE: MIDWESTLTD · Last Close: ₹904.15 · 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 | ₹904.15 | ₹0.00 | ₹1.81 | ₹0.06 | ₹0.14 | ₹0.01 | ₹15.34 | ₹17.36 | +17.36 (1.92%) |
| 10 shares | ₹9,041.50 | ₹0.00 | ₹18.08 | ₹0.56 | ₹1.36 | ₹0.10 | ₹15.34 | ₹35.44 | +3.54 (0.39%) |
| 50 shares | ₹45,207.50 | ₹0.00 | ₹90.42 | ₹2.78 | ₹6.78 | ₹0.50 | ₹15.34 | ₹115.82 | +2.32 (0.26%) |
| 100 shares | ₹90,415.00 | ₹0.00 | ₹180.83 | ₹5.55 | ₹13.56 | ₹1.00 | ₹15.34 | ₹216.28 | +2.16 (0.24%) |
| 500 shares | ₹452,075.00 | ₹0.00 | ₹904.15 | ₹27.75 | ₹67.81 | ₹5.00 | ₹15.34 | ₹1020.05 | +2.04 (0.23%) |
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 | ₹904.15 | ₹0.00 | ₹0.23 | ₹0.06 | ₹0.03 | ₹0.01 | ₹0.33 | +0.33 (0.04%) |
| 10 shares | ₹9,041.50 | ₹0.00 | ₹2.26 | ₹0.56 | ₹0.27 | ₹0.10 | ₹3.19 | +0.32 (0.04%) |
| 50 shares | ₹45,207.50 | ₹0.00 | ₹11.30 | ₹2.78 | ₹1.36 | ₹0.50 | ₹15.94 | +0.32 (0.04%) |
| 100 shares | ₹90,415.00 | ₹0.00 | ₹22.60 | ₹5.55 | ₹2.71 | ₹1.00 | ₹31.86 | +0.32 (0.04%) |
| 500 shares | ₹452,075.00 | ₹0.00 | ₹113.02 | ₹27.75 | ₹13.56 | ₹5.00 | ₹159.33 | +0.32 (0.04%) |
How Kotak Securities Compares to Alternatives (100 Shares of MIDWESTLTD)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Kotak Securities |
|---|---|---|---|
| Kotak Securities (Selected) | ₹0.00 | ₹216.28 | — |
| Zerodha | ₹0.00 | ₹216.28 | 0.00 |
| Groww | ₹40.00 | ₹264.07 | +47.79 |
| Angel One | ₹40.00 | ₹271.74 | +55.46 |
| Dhan | ₹0.00 | ₹215.69 | -0.59 |
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Frequently Asked Questions
What is the brokerage for buying Midwest Limited shares on Kotak Securities?
On Kotak Securities, equity delivery brokerage for Midwest Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹0 per executed order.
How much STT and government tax is charged when buying Midwest 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 MIDWESTLTD on Kotak Securities?
For an order of 100 shares of MIDWESTLTD at ₹904.15, the roundtrip transaction cost is ₹216.28, meaning the stock needs to rise by ₹2.16 (0.24%) to break even.