Kotak Securities Charges 2026: Brokerage, AMC & F&O (Review)
Kotak Securities demat account review: opening fee ₹0, AMC ₹600/year, and brokerage charges updated May 2026. Informational only—not investment advice.
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Kotak Securities charges ₹0 to open an account on its Trade Free plan. Brokerage is ₹0 for the first 30 days, then 0.20% on equity delivery, the lower of ₹10 or 0.05% on intraday, and a flat ₹10 per order on F&O. BSDA accounts with holdings up to ₹4 lakh pay no AMC.
By Ajay Bohra · About the author
Last updated: October 2026
This page lists the Kotak Securities charges Indian investors pay: brokerage by segment, taxes and exchange fees, account and demat charges, and three worked examples that add up the total cost of a trade. Rates were checked against Kotak Securities’s published charges in October 2026. Charges change, so confirm on Kotak Securities before you trade. This is information, not investment advice.
Kotak Securities brokerage charges by segment
| Segment | Brokerage per executed order |
|---|---|
| Equity delivery | ₹0 for the first 30 days, then 0.20% |
| Equity intraday | ₹0 for the first 30 days, then the lower of ₹10 or 0.05% |
| F&O (carry forward) | ₹0 for the first 30 days, then ₹10 per order |
| Trade API orders | ₹0 |
Kotak offers three plans: Trade Free (free for life, the rates above), Trade Free Youth (₹99 one time, for those under 30, ₹0 delivery brokerage) and Trade Free Pro (₹249 a month, 0.10% delivery and MTF at 9.69% a year). The tables below use the free Trade Free plan.
Taxes and exchange charges on Kotak Securities trades
These are charged on top of brokerage by the government and the exchanges. They are the same at every broker, apart from small differences in how brokers round and bill them.
| Charge | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| STT | 0.1% on buy and sell | 0.025% on sell | 0.05% on sell | 0.15% on sell premium |
| Exchange transaction charge (NSE) | 0.00307% | 0.00307% | 0.00183% | 0.03553% of premium |
| Stamp duty (buy side) | 0.015% | 0.003% | 0.002% | 0.003% |
| SEBI turnover fee | ₹10 per crore | ₹10 per crore | ₹10 per crore | ₹10 per crore |
| GST | 18% on brokerage, exchange and SEBI charges | 18% | 18% | 18% |
Kotak Securities account, demat and other charges
| Charge | Amount |
|---|---|
| Account opening | ₹0 on Trade Free; ₹99 one time on Trade Free Youth |
| Demat AMC | ₹0 for BSDA accounts with holdings up to ₹4 lakh |
| MTF interest | 9.69% a year on the Trade Free Pro plan (₹249 a month) |
| Trade API charges | ₹0, with no brokerage and no platform fee |
Kotak Securities charges: three worked examples
Each example adds up every charge on a round trip (buy and sell). The delivery and intraday examples buy and sell ₹1,00,000 of shares once each. The options example buys premium worth ₹50,000 and sells it for ₹60,000. Amounts are rounded to the nearest paisa and leave out tiny exchange investor-protection levies.
| Charge | Delivery (₹1,00,000 buy and sell) | Intraday (₹1,00,000 buy and sell) | Options (₹50,000 buy, ₹60,000 sell) |
|---|---|---|---|
| Brokerage | ₹400.00 | ₹20.00 | ₹20.00 |
| STT | ₹200.00 | ₹25.00 | ₹90.00 |
| Exchange transaction charges | ₹6.14 | ₹6.14 | ₹39.08 |
| SEBI turnover fee | ₹0.20 | ₹0.20 | ₹0.11 |
| Stamp duty | ₹15.00 | ₹3.00 | ₹1.50 |
| GST | ₹73.14 | ₹4.74 | ₹10.65 |
| Total charges | ₹694.48 | ₹59.08 | ₹161.35 |
| Total as % of turnover | 0.694% | 0.059% | 0.147% |
Two things stand out. Kotak’s 0.20% delivery brokerage is far above the ₹0 to ₹20 charged by flat-fee brokers, so a ₹1,00,000 delivery round trip costs ₹400 in brokerage alone. Intraday and F&O are capped at ₹10 per order. DP charges are not included in these examples because they are not on Kotak’s pricing page. Profit or loss on the trade itself is not included, and neither is income tax on gains.
How Kotak Securities charges compare
Brokerage, AMC and DP charges are where brokers differ. Put your own order sizes into the brokerage calculator or see the broker comparisons hub.
Who should read this Kotak Securities review
Kotak suits people who want a bank-backed broker and mostly trade intraday or F&O at ₹10 per order. Investors who buy and hold should compare the 0.20% delivery brokerage with flat-fee brokers. This is not personalised investment advice.
Kotak Securities charges: FAQs
What are Kotak Securities brokerage charges?
On the free Trade Free plan: ₹0 for the first 30 days, then 0.20% on delivery, the lower of ₹10 or 0.05% on intraday and ₹10 per order on F&O.
Is Kotak delivery brokerage free?
Only for the first 30 days, or on the Trade Free Youth plan (₹99 one time, for those under 30). After that, the free plan charges 0.20% on delivery.
What is the Kotak account opening fee?
₹0 on the Trade Free plan. The Trade Free Youth plan has a one-time ₹99 account opening fee.
What is the Kotak demat AMC?
Kotak lists ₹0 AMC for BSDA accounts with holdings up to ₹4 lakh. Check Kotak for the AMC on other accounts.
What is the Kotak MTF interest rate?
9.69% a year on the Trade Free Pro plan, which costs ₹249 a month and also lowers delivery brokerage to 0.10%.
Does Kotak charge for API trading?
No. Trade API orders have ₹0 brokerage and no platform fee.
How much STT do I pay on Kotak?
STT is set by the government: 0.1% on buy and sell for delivery, 0.025% on the sell side for intraday, 0.05% on the sell side for futures and 0.15% on the sell premium for options.
Sources
Kotak Securities’s published charges: Kotak Neo pricing page. STT, stamp duty, SEBI turnover fee and exchange transaction charges follow the rates set by the government, SEBI and the exchanges.
Brokerage, AMC, and statutory charges change. This page is for information and education only, not investment advice.
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