Kotak Mahindra's broking arm, now on the Kotak Neo flat-fee platform — 0.20% delivery, flat ₹10 on intraday & F&O.
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 Kotak Securities brokerage calculator
Kotak Securities is Kotak Mahindra Bank's broking arm, now running on the
Kotak Neo flat-fee platform rather than its older percentage-based plans. Equity delivery is charged at
0.20% of turnover, intraday at ₹10 or 0.05% per leg (whichever lower), and both futures and options at a
flat ₹10 per executed order — among the lowest F&O flat fees of any broker covered here. Kotak
Securities charges ₹600/year AMC, positioning it between low-cost discount brokers and the pricier
bank-backed full-service brokers like HDFC Securities and ICICI Direct.
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PRACTICAL TIP
Kotak Neo's ₹10 flat fee on intraday and F&O is lower than the ₹20 most brokers charge,
which can meaningfully reduce costs for high-frequency traders placing many orders per day. The
0.20% delivery brokerage, however, still applies on every delivery trade with no zero-brokerage
option — if delivery investing is your main activity, weigh that against brokers offering free
delivery.
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 Kotak Securities, the
brokerage component comes to ₹20.00 and total charges
across brokerage, STT, exchange fees, SEBI fee, stamp duty and GST add up to
₹59.12. On a gross profit of ₹1,000 (before charges), that
leaves a net P&L of ₹940.88 — run your own numbers in the
calculator above for any price, quantity or segment.
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
Has Kotak Securities moved to flat-fee pricing?
Yes — Kotak Securities now runs on the Kotak Neo platform, which charges ₹10 or 0.05% (whichever lower) on intraday and a flat ₹10 per order on F&O, replacing its older percentage-only plans. Delivery remains percentage-based at 0.20% of turnover.
Does Kotak Securities offer free delivery brokerage?
No — Kotak Securities charges 0.20% of turnover on equity delivery trades; there is no zero-brokerage delivery plan on the standard Kotak Neo pricing.
What does Kotak Securities charge for F&O trading?
Both futures and options are charged at a flat ₹10 per executed order on Kotak Neo — lower than the ₹20 standard most discount brokers charge.
What is Kotak Securities' AMC?
Kotak Securities charges ₹600 + GST per year as demat AMC, positioned between zero-AMC discount brokers and higher-AMC bank-backed full-service brokers like HDFC Securities (₹750) and ICICI Direct (₹700).
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.
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.
