Kotak Securities Charges for MM Forgings Limited
NSE: MMFL · Last Close: ₹571.95 · 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 | ₹571.95 | ₹0.00 | ₹1.14 | ₹0.04 | ₹0.09 | ₹0.01 | ₹15.34 | ₹16.62 | +16.62 (2.91%) |
| 10 shares | ₹5,719.50 | ₹0.00 | ₹11.44 | ₹0.35 | ₹0.86 | ₹0.06 | ₹15.34 | ₹28.05 | +2.81 (0.49%) |
| 50 shares | ₹28,597.50 | ₹0.00 | ₹57.20 | ₹1.76 | ₹4.29 | ₹0.32 | ₹15.34 | ₹78.91 | +1.58 (0.28%) |
| 100 shares | ₹57,195.00 | ₹0.00 | ₹114.39 | ₹3.51 | ₹8.58 | ₹0.63 | ₹15.34 | ₹142.45 | +1.42 (0.25%) |
| 500 shares | ₹285,975.00 | ₹0.00 | ₹571.95 | ₹17.56 | ₹42.90 | ₹3.16 | ₹15.34 | ₹650.91 | +1.30 (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 | ₹571.95 | ₹0.00 | ₹0.14 | ₹0.04 | ₹0.02 | ₹0.01 | ₹0.21 | +0.21 (0.04%) |
| 10 shares | ₹5,719.50 | ₹0.00 | ₹1.43 | ₹0.35 | ₹0.17 | ₹0.06 | ₹2.01 | +0.20 (0.03%) |
| 50 shares | ₹28,597.50 | ₹0.00 | ₹7.15 | ₹1.76 | ₹0.86 | ₹0.32 | ₹10.09 | +0.20 (0.03%) |
| 100 shares | ₹57,195.00 | ₹0.00 | ₹14.30 | ₹3.51 | ₹1.72 | ₹0.63 | ₹20.16 | +0.20 (0.03%) |
| 500 shares | ₹285,975.00 | ₹0.00 | ₹71.49 | ₹17.56 | ₹8.58 | ₹3.16 | ₹100.79 | +0.20 (0.03%) |
How Kotak Securities Compares to Alternatives (100 Shares of MMFL)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Kotak Securities |
|---|---|---|---|
| Kotak Securities (Selected) | ₹0.00 | ₹142.45 | — |
| Zerodha | ₹0.00 | ₹142.45 | 0.00 |
| Groww | ₹40.00 | ₹190.24 | +47.79 |
| Angel One | ₹40.00 | ₹197.91 | +55.46 |
| Dhan | ₹0.00 | ₹141.86 | -0.59 |
Ready to trade MM Forgings Limited?
Open an account with Kotak Securities in 5 minutes with paperless e-KYC.
Frequently Asked Questions
What is the brokerage for buying MM Forgings Limited shares on Kotak Securities?
On Kotak Securities, equity delivery brokerage for MM Forgings Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹0 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 Kotak Securities?
For an order of 100 shares of MMFL at ₹571.95, the roundtrip transaction cost is ₹142.45, meaning the stock needs to rise by ₹1.42 (0.25%) to break even.