Zerodha Charges for Mahindra & Mahindra Financial Services Limited
NSE: M&MFIN · Last Close: ₹319.75 · 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 | ₹319.75 | ₹0.00 | ₹0.64 | ₹0.03 | ₹0.05 | ₹0.01 | ₹15.34 | ₹16.07 | +16.07 (5.03%) |
| 10 shares | ₹3,197.50 | ₹0.00 | ₹6.40 | ₹0.20 | ₹0.48 | ₹0.04 | ₹15.34 | ₹22.46 | +2.25 (0.7%) |
| 50 shares | ₹15,987.50 | ₹0.00 | ₹31.98 | ₹0.98 | ₹2.40 | ₹0.18 | ₹15.34 | ₹50.88 | +1.02 (0.32%) |
| 100 shares | ₹31,975.00 | ₹0.00 | ₹63.95 | ₹1.96 | ₹4.80 | ₹0.35 | ₹15.34 | ₹86.40 | +0.86 (0.27%) |
| 500 shares | ₹159,875.00 | ₹0.00 | ₹319.75 | ₹9.82 | ₹23.98 | ₹1.77 | ₹15.34 | ₹370.66 | +0.74 (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 | ₹319.75 | ₹0.19 | ₹0.08 | ₹0.03 | ₹0.01 | ₹0.04 | ₹0.35 | +0.35 (0.11%) |
| 10 shares | ₹3,197.50 | ₹1.92 | ₹0.80 | ₹0.20 | ₹0.10 | ₹0.38 | ₹3.40 | +0.34 (0.11%) |
| 50 shares | ₹15,987.50 | ₹9.59 | ₹4.00 | ₹0.98 | ₹0.48 | ₹1.90 | ₹16.95 | +0.34 (0.11%) |
| 100 shares | ₹31,975.00 | ₹19.18 | ₹7.99 | ₹1.96 | ₹0.96 | ₹3.81 | ₹33.90 | +0.34 (0.11%) |
| 500 shares | ₹159,875.00 | ₹40.00 | ₹39.97 | ₹9.82 | ₹4.80 | ₹8.97 | ₹103.56 | +0.21 (0.07%) |
How Zerodha Compares to Alternatives (100 Shares of M&MFIN)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Zerodha |
|---|---|---|---|
| Zerodha (Selected) | ₹0.00 | ₹86.40 | — |
| Groww | ₹40.00 | ₹134.19 | +47.79 |
| Angel One | ₹40.00 | ₹141.86 | +55.46 |
| Dhan | ₹0.00 | ₹85.81 | -0.59 |
| ICICI Direct | ₹40.00 | ₹141.86 | +55.46 |
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Frequently Asked Questions
What is the brokerage for buying Mahindra & Mahindra Financial Services Limited shares on Zerodha?
On Zerodha, equity delivery brokerage for Mahindra & Mahindra Financial Services Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹20 or 0.03% per executed order.
How much STT and government tax is charged when buying Mahindra & Mahindra Financial Services 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 M&MFIN on Zerodha?
For an order of 100 shares of M&MFIN at ₹319.75, the roundtrip transaction cost is ₹86.40, meaning the stock needs to rise by ₹0.86 (0.27%) to break even.