DHAN

Dhan Brokerage Calculator

Modern trader-first platform with fast execution, options analytics, and zero delivery brokerage.

Trade details
Delivery
Intraday
Futures
Options
I haven't sold yet (buy-side only)
Cost breakdown
Net P&L after all charges
₹0.00
Breakeven price: ₹0.00

About the Dhan brokerage calculator

Dhan is a modern, trader-first platform built around fast execution and advanced options analytics rather than mutual funds or wealth advisory. Like Zerodha, equity delivery is completely free of brokerage — only statutory charges and DP charges apply on a delivery sell. Intraday and futures are charged at ₹20 or 0.03% per executed order, whichever is lower (matching Zerodha's structure), and options are a flat ₹20 per order. Dhan charges zero demat AMC and has one of the lowest DP charges in the industry at ₹12.50, making it a strong fit for active F&O traders who also hold delivery positions.

PRACTICAL TIP

Dhan's combination of free delivery brokerage, zero AMC and a low ₹12.50 DP charge makes it one of the cheapest all-round setups for a trader who both invests (delivery) and actively trades F&O on the same account — you avoid paying for features you don't need. If options analytics, scanners or fast order execution matter to your strategy, weigh those platform features alongside the headline cost, since two brokers with identical fee structures can still differ a lot in execution speed and tooling.

Worked example — Intraday: 100 shares, ₹1,000 → ₹1,010

On a 100-share intraday trade bought at ₹1,000 and sold at ₹1,010 through Dhan, the brokerage component comes to ₹40.00 and total charges across brokerage, STT, exchange fees, SEBI fee, stamp duty and GST add up to ₹82.72. On a gross profit of ₹1,000 (before charges), that leaves a net P&L of ₹917.28 — run your own numbers in the calculator above for any price, quantity or segment.

How Dhan compares

BrokerAMC (demat)DP charge (per sell)Delivery brokerage (buy+sell, ₹1L turnover)
Dhan ₹0/yr ₹12.50 Free
Zerodha ₹300.00/yr ₹15.34 Free
Shoonya (Finvasia) ₹0/yr ₹9.00 Free

Delivery brokerage shown is the round-trip charge (buy + sell legs combined) on a ₹1,00,000 turnover trade, for like-for-like comparison — see each broker's own page for their exact formula.

Frequently asked questions

Is Dhan brokerage really free on delivery trades?
Yes — Dhan charges ₹0 brokerage on equity delivery trades, matching Zerodha's structure. You still pay STT, exchange charges, SEBI fees, stamp duty on the buy leg, and a DP charge (₹12.50 + GST) if you later sell shares from your demat account.
What is Dhan's DP charge?
Dhan charges ₹12.50 + 18% GST per scrip, per day, as DP charge on delivery sells — one of the lowest DP charges among major Indian discount brokers, below Zerodha's ₹15.34 and the ₹20 charged by Upstox, Groww and several others.
Does Dhan charge an annual maintenance charge (AMC)?
No, Dhan charges ₹0 AMC on its demat account, similar to Upstox, Fyers and several other zero-AMC discount brokers.
How much does Dhan charge for intraday and F&O trading?
Intraday and futures are charged at ₹20 or 0.03% per executed order, whichever is lower, per leg — identical to Zerodha's structure. Options are a flat ₹20 per executed order.
Is Dhan good for options traders specifically?
Dhan has built a reputation among active F&O traders for its options chain analytics, scanners and fast order placement tools, which is a key differentiator versus brokers with similar pricing but more basic charting — though brokerage cost itself is nearly identical to Zerodha's.

Free tools for before and after this trade

Plan the position, size the risk, and price the option — part of Accelpix's free 18-tool trader suite.

See all 18 tools

Terms, regulatory notes & disclosures

This calculator is built for educational and estimation purposes, referencing publicly available SEBI, NSE, BSE and MCX circulars along with each broker's published rate card. Actual charges on your contract note may vary.

01Securities Transaction Tax (STT)

STT is levied by the Government of India under the Securities Transaction Tax Act, 2004, and collected by the exchange on every executed trade. Equity delivery attracts 0.1% on both buy and sell legs; equity intraday attracts 0.025% on the sell leg only. Futures attract 0.05% on the sell-side turnover and options attract 0.15% on the sell-side premium, per the rates effective 1 April 2026 (Union Budget 2026-27). STT is non-refundable and applies irrespective of profit or loss.

02Exchange transaction charges

NSE and BSE levy transaction charges on turnover to fund exchange operations and infrastructure, as specified in their respective circulars. These charges differ by segment (equity, futures, options) and are charged to the broker, who passes them through to the client. Rates are revised periodically by the exchange and published on nseindia.com and bseindia.com.

03SEBI turnover fees

Under SEBI (Regulation of Fees) regulations, a turnover fee of ₹10 per crore (0.0001%) is charged on the total transaction value to fund SEBI's regulatory functions. This is a flat statutory levy uniformly applied across all brokers and segments.

04Stamp duty

Stamp duty on securities transactions is levied under the Indian Stamp Act, 1899, as amended by the Finance Act, 2019, and is charged uniformly pan-India on the buy-side consideration, collected by the depository/exchange. Rates: 0.015% for equity delivery, 0.003% for intraday and options premium, and 0.002% for futures.

05GST

Goods and Services Tax at 18% is levied on brokerage and on exchange transaction & SEBI charges (the "taxable services" component), under the CGST/SGST or IGST Act depending on the client's registered state. GST is not applicable on STT, stamp duty, or the SEBI turnover fee itself, as these are statutory levies, not services.

06DP (Depository Participant) charges

When you sell shares held in your demat account, your Depository Participant (broker) levies a DP charge (typically ₹13–₹25 + GST per scrip, per day), payable to CDSL/NSDL for debiting securities from your demat account. This is separate from brokerage and applies only on delivery sells, not on intraday or F&O trades.

Disclaimer: Figures shown by this calculator are estimates based on publicly published broker rate cards and SEBI/exchange circulars believed accurate as of June 2026. Brokerage plans, STT, exchange transaction charges, SEBI fees and stamp duty rates are subject to change by the respective broker, exchange, SEBI or the Government of India without notice. Accelpix is an NSE-authorized data vendor and does not act as a stockbroker, investment adviser, or research analyst. Nothing on this page constitutes investment advice, a recommendation to trade with any particular broker, or a guarantee of charges that will appear on your contract note. Always verify exact charges with your broker's official rate card and your daily contract note before making trading decisions. Trading in equity, derivatives and commodities involves risk of financial loss.