Delivery Charge Formula:
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The Groww Delivery Charges Calculator helps investors calculate the total charges incurred for delivery trades on the Groww platform. It computes brokerage, STT, GST, SEBI charges, and stamp duty to provide a comprehensive view of trading costs.
The calculator uses the following formula:
Where:
Explanation: The calculator accounts for all statutory charges applicable to delivery trades in the Indian stock market.
Details: Understanding delivery charges is crucial for accurate profit/loss calculation, trade planning, and investment decision making. It helps investors account for all costs before executing trades.
Tips: Enter trade value in INR, quantity of shares, and select transaction type (buy/sell). All values must be valid (trade value > 0, quantity ≥ 1).
Q1: What is the brokerage for delivery trades on Groww?
A: Groww offers zero brokerage for delivery trades in equity.
Q2: When is STT charged?
A: STT (Securities Transaction Tax) is charged only on sell side delivery trades at 0.1% of the transaction value.
Q3: What is stamp duty and when is it applicable?
A: Stamp duty is charged only on buy side delivery trades at 0.015% of the transaction value, varying slightly by state.
Q4: Are these charges the same for all brokers?
A: While statutory charges (STT, GST, SEBI, Stamp Duty) are standardized, brokerage may vary between brokers.
Q5: Do charges differ for intraday trades?
A: Yes, intraday trades have different charge structures including brokerage and different STT rates.