Mirae Asset Sharekhan Brokerage Calculator
One of India's oldest brokerage brands, now under Mirae Asset, offering research and advisory-led broking.
One of India's oldest brokerage brands, now under Mirae Asset, offering research and advisory-led broking.
Mirae Asset Sharekhan is one of India's oldest brokerage brands, now under Mirae Asset Capital Markets, offering research and advisory-led full-service broking. Equity delivery is charged at 0.30% of turnover, intraday and futures at 0.02% per leg, and options at a flat ₹20 per executed order. Sharekhan charges ₹450/year demat AMC, positioning it as a mid-tier full-service option between low-cost discount brokers and premium bank-backed brokers.
Sharekhan's 0.30% delivery brokerage has no flat-fee cap, so larger delivery trades attract proportionally higher charges than on a discount broker. Use this calculator with your typical trade size to see the actual rupee difference before deciding whether Sharekhan's research and advisory access is worth the added cost for your trading style.
On a 100-share intraday trade bought at ₹1,000 and sold at ₹1,010 through Mirae Asset Sharekhan, the brokerage component comes to ₹40.20 and total charges across brokerage, STT, exchange fees, SEBI fee, stamp duty and GST add up to ₹82.95. On a gross profit of ₹1,000 (before charges), that leaves a net P&L of ₹917.05 — run your own numbers in the calculator above for any price, quantity or segment.
| Broker | AMC (demat) | DP charge (per sell) | Delivery brokerage (buy+sell, ₹1L turnover) |
|---|---|---|---|
| Mirae Asset Sharekhan | ₹450.00/yr | ₹25.00 | ₹603.00 |
| Motilal Oswal | ₹0/yr | ₹20.00 | ₹402.00 |
| IIFL Securities | ₹0/yr | ₹25.00 | ₹502.50 |
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.
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.
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.
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.
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.
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.
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.
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.