Depository Participant (DP) charges at 5paisa are
associated with your demat account and encompass various transaction and
maintenance fees. Here’s a detailed breakdown to help you understand these
charges:
Components of DP Charges:
- Demat
Transactions: Fees applied when you sell shares from your demat account.
- Annual Maintenance Charges (AMC): Regular fees for maintaining
your demat account.
DP Charges for Selling Shares:
- When you sell
shares from your demat account, a charge of ₹ 20 + 18% GST per scrip
(stock) is applicable, regardless of the quantity sold.
Example 1: Single Scrip Sale
- Transaction: At 12:00 PM, you sell 500
shares of SBI, followed by another sale of 50 shares of SBI at 3:00 PM.
- DP Charges Calculation:
- Total DP charges for the day:₹ 20
- GST (18% of ₹12.50): ₹ 3.6
- Total Cost: ₹ 23.6
Example 2: Multiple Scrip Sales
- Transaction: At 11:00 AM, you sell 50 shares
of SBI, and at 12:00 PM, you sell 10 shares of ITC.
- DP Charges Calculation:
- DP charges for SBI: ₹ 20
- DP charges for ITC: ₹ 20
- Total DP charges: ₹ 20 + ₹ 20 = ₹ 40
- GST (18% of ₹ 40.00): ₹ 7.2
- Total Cost: ₹ 47.
Understanding these charges helps you manage your trading
costs effectively and anticipate the expenses associated with your demat
account at 5paisa.