Brokerage
Your broker's own fee. You type in the flat per-order amount. The calculator applies it to both the buy and the sell order.
Costs
Brokerage calculator: profit after charges
What a trade really costs, before you place it. Every charge shows the rule behind it.
- Sources checked on 5 October 2026
- The answer updates as you type
You keep, after all charges
₹917.03
The price move gives ₹1,000.00. The charges on both orders take ₹82.97, so what reaches you is ₹917.03. The sale would first have to reach ₹100.09 just to be level.
- Brokerage₹40.00 · 48.2%
- STT₹25.25 · 30.4%
- Stamp duty₹3.00 · 3.6%
- Exchange txn₹6.17 · 7.4%
- IPFT₹0.00 · 0.0%
- SEBI fee₹0.20 · 0.2%
- GST₹8.35 · 10.1%
Largest line: Brokerage at ₹40.00 (48.2% of charges). 1 charge rounds to ₹0.00 at this trade size, so it has no band — still listed above and in the table. Each colour shows one charge as a share of the total. The table below gives the amounts.
What this trade costs
- Brokerage (buy + sell order) · Flat per order × 2 × per order × both sides₹40.00
- Securities Transaction Tax (STT) · 0.025% × sell value × sell side₹25.25
- Stamp duty · 0.003% × buy value × buy side₹3.00
- Exchange transaction charge · ₹306.99/crore × buy + sell value × both sides₹6.17
- Investor Protection Fund (IPFT) · ₹0.01/crore × buy + sell value × both sides₹0.00
- SEBI turnover fee · ₹10/crore × buy + sell value × both sides₹0.20
- GST (18%) · 18% × brokerage + eligible charges × both sides₹8.35
- Buy-side charges · every rupee that lands on the buy order₹30.34
- Sell-side charges · every rupee that lands on the sell order₹52.63
- Turnover · buy + sell value₹2,01,000.00
- Total charges · every line above₹82.97
- Breakeven sell price · Net P&L is exactly zero here — ₹0.09 above your buy price.₹100.09
- Gross profit or loss · before any charge₹1,000.00
- Net profit, after every charge₹917.03
Charges per share ₹0.083. The sell price that would leave you exactly level is ₹100.09.
Try one change
Each button changes exactly one input and says what that did to the headline figure. Reset undoes it.
Each file lists the source and the check date for every rate. The CSV comes as two files, the figures and their sources.
The link carries only these inputs. Saved inputs stay in this browser only, and are off until you turn them on.
Continue: what if I add to this position? → Carries this buy, the product, the brokerage model and the trade date into the stock-average calculator as the first purchase.
Continue: what would this trade's contract note say? → Open the contract note decoder with these prices, quantity, trade date and brokerage.
Checked against NSE charges circulars and the SEBI turnover-fee schedule on 5 October 2026, and re-checked at least every 30 days. If you are reading this long after 5 October 2026, confirm the figure at the source.
This total includes the brokerage you typed.
How it adds up
A worked example
The same sum, worked by hand on the starting figures.
The formula
Net profit = price move − every charge
A worked example, and the shape of the answer
Suppose you buy 1,000 shares at ₹100 and sell the same day at ₹101. The gross is the easy part: (101 − 100) × 1,000 = ₹1,000. Everything after that is subtraction. The itemised table above does it line by line, with those figures in it.
What the table shows is that the lines are not charged on the same base. A percentage-of-turnover charge is computed on ₹1,00,000 on the buy leg. On the sell leg it is computed on ₹1,01,000. That makes the sell side dearer on a rise. A flat per-order brokerage is counted twice. It does not care about size at all. GST falls on the brokerage-and-transaction-charge subtotal, not on the trade. Stamp duty is charged on the buy side only.
The is then one question asked of all of that. At what sell price does the subtraction exactly consume the gross? If the charges on this trade came to ₹250, the trade keeps ₹750. The breakeven then sits ₹250 ÷ 1,000 = 25 paise above your buy price, at ₹100.25. The rates the table actually applies are the effective-dated ones for the trade date you entered. Each one has the circular behind it.
Profit after charges and breakeven after brokerage: worked examples
Take the trade above: 1,000 shares bought at ₹100.00 and sold the same day at ₹101.00. Price it at the charges in force on 1 October 2026, with ₹20.00 brokerage on each order. The gross profit is ₹1,000.00. The intraday charges come to ₹82.97.
So the profit after charges is ₹917.03. The breakeven after brokerage is ₹100.09. Sell below that and the trade loses money, even above the buy price.
Index options are charged on the , one order at a time. Here is one of each index, bought and then sold. Each order is priced in the Index options mode at the charges in force on 1 October 2026, with ₹20.00 brokerage per order.
| Index | Lot size | Bought at → sold at | Gross profit | Charges, both orders | Profit after charges | Breakeven exit premium |
|---|---|---|---|---|---|---|
| NIFTY | 65 | ₹100.00 → ₹120.00 | ₹1,300.00 | ₹65.12 | ₹1,234.88 | ₹101.00 |
| BANKNIFTY | 30 | ₹300.00 → ₹340.00 | ₹1,200.00 | ₹70.84 | ₹1,129.16 | ₹302.30 |
is charged on the sell order only. Stamp duty is charged on the buy order only. The breakeven exit premium is the lowest premium, on the 0.05 step, at which the trade covers both orders' charges.
Read the result
Understand the result
The gross profit on a trade is smaller after charges. Brokerage and Securities Transaction Tax come off it. The exchange transaction charge, the SEBI turnover fee, stamp duty and GST come off it too. Every one of them is charged whether the trade made money or not. Enter your buy price, sell price and quantity. This tool itemises each line and shows your profit after charges. It also gives the breakeven price after brokerage, where the trade is level. Its Index options mode does the same for one NIFTY or BANKNIFTY option order.
What goes into the cost
The estimate adds the statutory and exchange charges that apply to an NSE cash-segment trade. The first four are these: Securities Transaction Tax (STT), the NSE exchange transaction charge, the SEBI turnover fee and the Investor Protection Fund contribution. Then come stamp duty on the buy side and your broker's own brokerage. Last is 18% GST on the brokerage plus transaction charges. Intraday and delivery are taxed differently, so the result changes with the product you pick.
Reading the composition bar
The bar above splits the total charge into those lines. You can see at a glance which one actually dominates your trade. You do not have to read a column of rupee figures and do the arithmetic yourself. Each band is that line's share of the total. The shares come from the same rounded paise the itemised table prints. Flip the Product control between intraday and delivery, or drag the quantity slider. The bands redraw. A flat per-order brokerage dominates a small trade. It shrinks to a sliver on a large one. The percentage-based charges scale with it instead. A line that rounds to ₹0.00 gets no band. The note under the bar says how many did.
Breakeven
The breakeven sell price is solved numerically. It is the price at which net profit becomes zero. That is once all charges are included. Shares trade in paise, so it is rounded up to the next paise.
That is why the breakeven sits above your buy price even before you ask for a profit. The charges on both legs have to be earned back first.
The lines on a contract note
Both orders
Securities Transaction Tax (STT)
On an intraday trade it falls on the sell value only. On a delivery trade it applies to both sides. That is why the composition changes so much between the two products.
Exchange transaction charge
The exchange's charge on traded value. It is charged on both sides. It is published as an amount per crore of turnover.
Investor Protection Fund (IPFT)
A per-crore contribution on both sides. On a small trade it rounds to zero rupees. The tool still lists it rather than dropping the line.
SEBI turnover fee
The regulator's turnover fee, also charged per crore on both sides.
Stamp duty
A state levy on the buy side only. It never touches the sell leg.
GST
18% on brokerage plus the transaction charges. Those are the exchange charge, IPFT and the SEBI fee. It is not levied on STT or on stamp duty.
These seven cards describe the lines. To see them priced on your own trade, read a contract note line by line. That page names the leg each one falls on. It also names who receives the money and the circular the rate comes from. It covers futures and the depository charge on a delivery sale too, which this calculator does not.
Where this appears in NISM Series VIII
Trading costs are listed under Unit VI (Trading Mechanism) of the NISM-Series-VIII: Equity Derivatives curriculum. Those costs are brokerage, exchange transaction charges and SEBI fees. The taxation of derivative transactions sits in Unit IX (Accounting and Taxation). That unit includes how turnover is arrived at. Cost of carry in Unit III (Introduction to Forwards and Futures) is built on the same charges. See the NISM Series VIII syllabus and exam format.
What could change this?
- The trade date. Charges are resolved from the schedule in force on that day, so a date before a published change prices at the old rate and a date on or after it at the new one.
- Intraday versus delivery. STT falls on the sell side only for intraday and on both sides for delivery. Stamp duty differs too. Switching the product changes the composition, not just the total.
- Your brokerage. It is the one line you type, and on a small trade it is usually the largest. A zero here does not make the trade free — the statutory lines stay.
- The actual fill. The calculator prices the buy and sell figures you entered. A fill a few paise away moves every percentage line with it.
Common mistakes
- Reading the breakeven as a target. It is the sell price at which the trade first covers its own charges — the point of zero, not a price worth aiming for.
- Treating zero brokerage as a free trade. Set brokerage to nothing and the statutory and exchange lines stay. On a delivery trade STT alone is usually the largest of them.
- Pricing a past trade at today's rates. The schedule is effective-dated. A trade before a published change was charged at the old rate, and the calculator uses the date you enter.
Questions
Questions people ask
Trade cost FAQ
Why is my net profit less than my gross profit on a stock trade?
Your net profit is the gross gain minus all transaction costs, which on NSE include brokerage, Securities Transaction Tax (STT), the exchange transaction charge, GST, stamp duty, and the SEBI turnover fee. Because several of these apply on both the buy and sell legs of a trade, the combined deduction can be larger than it first appears, leaving net below gross.
Are intraday and delivery brokerage and charges different on NSE?
Yes, the cost structure differs in key places. STT is charged at 0.1% on both buy and sell for delivery equity, while for intraday it is 0.025% on the sell side only, and stamp duty and many brokers' brokerage slabs also differ between the two. The exchange transaction charge, GST, and SEBI fee are computed the same way on turnover in both cases.
How do I calculate intraday profit after charges?
Start with the gross profit: the sell price minus the buy price, times the quantity. Then subtract every charge on both orders. Those are brokerage, STT, the exchange transaction charge, the SEBI fee, stamp duty and GST. What is left is the profit after charges. Enter the trade in the calculator and it works out each line for you.
What is the breakeven price after brokerage and charges?
The breakeven price is the level at which the position's gross gain exactly equals the total round-trip charges, so the net result is zero. It is found by adding the per-share buy-side and sell-side costs to the entry price, meaning the price has to move by more than just the charges before any net gain appears.
What are the main charges that make up the total cost of a stock trade on NSE?
A typical NSE cash trade carries brokerage (set by the broker), Securities Transaction Tax, the exchange transaction charge, 18% GST on brokerage plus transaction and SEBI charges, stamp duty on the buy side, and the SEBI turnover fee. Each is calculated on a defined base such as turnover or brokerage, and the total is the sum of these components across both legs.
How is STT calculated for intraday versus delivery equity trades?
For delivery equity, Securities Transaction Tax is currently 0.1% of turnover on both the buy and the sell side. For intraday equity, STT is currently 0.025% and applies only to the sell side, which is one reason the per-trade tax footprint of the two trade types is not the same.
How are charges worked out on a NIFTY or BANKNIFTY option trade?
Switch the calculator to its Index options mode. Pick NIFTY or BANKNIFTY, buy or sell, the premium and the number of lots. Charges are worked out on the premium, not on the contract value. STT is charged only when you sell the option, and stamp duty only when you buy it. Brokerage, the exchange charge, the SEBI fee and GST apply to both orders. The worked example on this page prices one lot of each index.
Does this include DP charges on a delivery sale?
No. When you sell shares from your demat, the depository and your broker charge a DP fee. It is posted to your ledger, not printed on the contract note, and brokers set different amounts. This calculator leaves it out. The contract note decoder adds it to a delivery sale and shows where it appears.
Do GST, stamp duty, and the SEBI fee apply to every stock trade?
GST at 18% is levied on the sum of brokerage, the exchange transaction charge, and the SEBI turnover fee, and the SEBI fee itself is a small percentage of turnover that applies to trades. Stamp duty is charged on the buy side at rates that differ for intraday and delivery, so these statutory items form a recurring part of NSE trade costs rather than one-off fees.
Keep learning
Where to go from here
Learn the ideaThe Charge Stack: What One Round Trip Actually Costs
Why brokerage is one line out of seven, and why the statutory lines are taken whether the trade worked or not. It is the only figure in a trade that is knowable in advance.
Read the lesson Then thisUS stocks charges calculatorThe same kind of cost stack on a US stock bought from India: brokerage, US fees, the exchange rate and TCS, in dollars and rupees.
OpenUnderstand the idea
Read the short lesson behind this tool.
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Method, sources and limits
What this calculator does and does not do
What this calculator does
- Itemises every statutory and exchange charge on one NSE cash-segment round trip, intraday or delivery. It uses the rates in force on the trade date you enter.
- Gives the sell price at which the trade first covers its own charges. That price is rounded up to the next paise.
- Shows which single line actually dominates the total at your size. That changes completely between a small trade and a large one.
- Prices one NIFTY or BANKNIFTY option order in its Index options mode. It uses the same charge table as the paper trading desk.
- Shows the profit after charges: the gross profit minus every charge on both orders.
What it does not do
- Cover futures, or the depository charge on a delivery sale. The contract note decoder does both.
- Know your broker's own slab. The brokerage figure in the result is the one you typed.
- Price a date outside the published rate window. It returns “unavailable” rather than a guessed figure.
Show the method and assumptions
The method
- Gross result = (sell price − buy price) × quantity.
- Charges add up brokerage, STT, the exchange charge, the IPFT levy, the SEBI fee, stamp duty and GST.
- Net result = gross result − charges.
- Breakeven is the lowest sell price, to the paisa, where the net result is not below zero.
What it assumes
- One buy order and one sell order on the NSE cash market.
- Rates are the ones in force on the trade date you enter.
- The brokerage is your own figure, not a quote from any broker.
Sources, effective dates and exclusions
- Calculated on
- today
Rates follow the trade date in the form, not today's date.
Cash-market charges: STT, exchange, stamp, SEBI and GST
Source: NSE charges circulars and the SEBI turnover-fee schedule
- Rules in force from
- 1 Mar 2026
- Source published
- not listed
- Last reviewed
- 5 Oct 2026
Not included
- Live market prices. Every price here is one you type.
- The depository (DP) charge on a delivery sale.
Rates and sources. Charges use the rates in force on your trade date. They come from official NSE charges and SEBI turnover-fee references. For dates on or after 1 March 2026 they follow the March 2026 NSE transaction-charge circular. Statutory and exchange rates change over time. Always reconcile against your broker's contract note. Dates before the published rate window return "unavailable" rather than a guessed figure.
Last checked on 5 October 2026.
Paper Trading Try it on the practice trading desk
Breakeven
Breakeven is the point at which a defined result is exactly zero.
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Lot size is the number of units of the underlying that one derivatives contract stands for.
Read moreSecurities Transaction Tax (STT)
Securities Transaction Tax (STT) is a statutory tax the Government of India levies on purchases and sales of securities.
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