+91-181-4045000/01

info@maxgrowthcap.com

15 BSF Colony, G.T. Road,

Jalandhar(Pb.)-144008.
22nd October 2018

+91-181-4045000/01

info@maxgrowthcap.com

15 BSF Colony, G.T. Road,

Jalandhar(Pb.)-144008.

List of Charges

List of Charges and Taxes. We keep everything transparent with our clients.

All %age figures are in per crore and rest are Rs. per crore.

All %age figures are in per crore and rest are Rs. per crore.

All %age figures are in per crore and rest are Rs. per crore.

Charges Explained

Securities Transaction Tax

Its a tax by the government when transacting on stock exchanges. Charges as above are in per crore. Charged on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or in Future & Options.

Transaction/Turnover Charges

Exchange transaction charges charged by exchanges (NSE,BSE,MCX) .

BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs.10,000 per crore w.e.f 01.01.2016.

Clearing Charges

Clearing charges charged by Clearing Members, and are paid as Per Crore of Turnover.

Stamp charges

Charged as per the state of the client’s correspondence address, and is decided by state’s Stamp Duty Law.

Service Tax (ST)

Tax levied by the government on the services rendered. Its 15% of ( brokerage + transaction charges)

SEBI Charges

Charged at Rs.20 per crore by Securities and Exchange Board of India for regulating the markets.

DP (Depository participant) charges

Rs.16 per scrip (irrespective of quantity) debited from client demat account when stocks are sold & Rs13 per scrip (irrespective of quantity) sold directly thought pool account. Charges are Charged by depository (CDSL) and depository participant (MaxGrowth Capital Pvt Ltd).

AMC (Annual maintenance charges)

Rs.250/year charged to persons who has depository account with Max Growth Capital Pvt ltd’s. No charges for those who has only trading account with us.

Trade With Broker Who Gives Most Emphasis to Transperancy.

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