Kotak Securities 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 | ₹0.00 | ₹1.00 | ₹0.04 | ₹0.08 | ₹0.01 | ₹15.34 | ₹16.47 | +16.47 (3.29%) |
| 10 shares | ₹5,003.50 | ₹0.00 | ₹10.01 | ₹0.31 | ₹0.75 | ₹0.06 | ₹15.34 | ₹26.47 | +2.65 (0.53%) |
| 50 shares | ₹25,017.50 | ₹0.00 | ₹50.04 | ₹1.54 | ₹3.75 | ₹0.28 | ₹15.34 | ₹70.95 | +1.42 (0.28%) |
| 100 shares | ₹50,035.00 | ₹0.00 | ₹100.07 | ₹3.07 | ₹7.51 | ₹0.55 | ₹15.34 | ₹126.54 | +1.27 (0.25%) |
| 500 shares | ₹250,175.00 | ₹0.00 | ₹500.35 | ₹15.36 | ₹37.53 | ₹2.76 | ₹15.34 | ₹571.34 | +1.14 (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 | ₹500.35 | ₹0.00 | ₹0.13 | ₹0.04 | ₹0.02 | ₹0.01 | ₹0.20 | +0.20 (0.04%) |
| 10 shares | ₹5,003.50 | ₹0.00 | ₹1.25 | ₹0.31 | ₹0.15 | ₹0.06 | ₹1.77 | +0.18 (0.04%) |
| 50 shares | ₹25,017.50 | ₹0.00 | ₹6.25 | ₹1.54 | ₹0.75 | ₹0.28 | ₹8.82 | +0.18 (0.04%) |
| 100 shares | ₹50,035.00 | ₹0.00 | ₹12.51 | ₹3.07 | ₹1.50 | ₹0.55 | ₹17.63 | +0.18 (0.04%) |
| 500 shares | ₹250,175.00 | ₹0.00 | ₹62.54 | ₹15.36 | ₹7.51 | ₹2.76 | ₹88.17 | +0.18 (0.04%) |
How Kotak Securities Compares to Alternatives (100 Shares of SBIFUNDS)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Kotak Securities |
|---|---|---|---|
| Kotak Securities (Selected) | ₹0.00 | ₹126.54 | — |
| Zerodha | ₹0.00 | ₹126.54 | 0.00 |
| Groww | ₹40.00 | ₹174.33 | +47.79 |
| Angel One | ₹40.00 | ₹182.00 | +55.46 |
| Dhan | ₹0.00 | ₹125.95 | -0.59 |
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Frequently Asked Questions
What is the brokerage for buying SBI Funds Management Limited shares on Kotak Securities?
On Kotak Securities, equity delivery brokerage for SBI Funds Management Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹0 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 Kotak Securities?
For an order of 100 shares of SBIFUNDS at ₹500.35, the roundtrip transaction cost is ₹126.54, meaning the stock needs to rise by ₹1.27 (0.25%) to break even.