HDFC

HDFC Securities Brokerage Calculator

HDFC Bank's broking arm — premium research, advisory desk, and seamless banking integration.

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 HDFC Securities brokerage calculator

HDFC Securities is HDFC Bank's broking arm, well known for premium research and a dedicated advisory desk, with seamless integration into HDFC Bank accounts. Equity delivery and intraday are charged at 0.5% per leg with a ₹25 minimum, futures at 0.025% per leg with a ₹20 minimum, and options at a flat ₹100 per executed order — among the highest standard rates of any broker in this calculator. HDFC Securities also charges ₹750/year AMC, reflecting its positioning as a premium, bank-integrated full-service broker rather than a cost-focused discount platform.

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KEEP IN MIND

HDFC Securities' 0.5% delivery brokerage with a ₹25 floor is substantially higher than discount-broker pricing — on a ₹1 lakh round-trip delivery trade, brokerage alone can exceed ₹1,000, versus ₹0 on Zerodha or Dhan. This calculator shows the exact rupee impact for your trade size; for frequent or large-value trading, that gap compounds quickly and is worth weighing against the research and advisory access you're paying for.

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 HDFC Securities, the brokerage component comes to ₹1,005.00 and total charges across brokerage, STT, exchange fees, SEBI fee, stamp duty and GST add up to ₹1,221.42. On a gross profit of ₹1,000 (before charges), that leaves a net P&L of -₹221.42 — run your own numbers in the calculator above for any price, quantity or segment.

How HDFC Securities compares

BrokerAMC (demat)DP charge (per sell)Delivery brokerage (buy+sell, ₹1L turnover)
HDFC Securities ₹750.00/yr ₹25.00 ₹1,005.00
ICICI Direct ₹700.00/yr ₹20.00 ₹582.90
Axis Direct ₹650.00/yr ₹20.00 ₹201.00

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

Why does HDFC Securities charge so much more brokerage than discount brokers?
HDFC Securities is a full-service, bank-integrated broker charging 0.5% per leg on delivery and intraday (minimum ₹25), in exchange for in-house research, advisory access and direct integration with HDFC Bank accounts — services discount brokers don't bundle in.
What is the minimum brokerage on HDFC Securities?
HDFC Securities applies a ₹25 minimum brokerage per leg on equity delivery and intraday trades, and a ₹20 minimum per leg on futures, so even small trades attract at least this floor amount.
What does HDFC Securities charge for options?
HDFC Securities charges a flat ₹100 per executed order on options, applied to each leg (buy and sell) separately — higher than the ₹20–₹50 typical of discount and mid-tier full-service brokers.
What is HDFC Securities' AMC?
HDFC Securities charges ₹750 + GST per year as demat account maintenance charge, among the highest standard AMCs in this calculator's broker list.
Should I choose HDFC Securities over a discount broker?
If you value integrated banking, research reports and advisory support and trade in moderate volumes, the convenience may justify the cost. For high-frequency or cost-sensitive trading, the percentage-based brokerage here is substantially more expensive than flat-fee discount brokers — compare your typical trade size in this calculator first.

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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.