Sharekhan Charges 2026: Brokerage, AMC, DP & F&O (Review)
Sharekhan demat account review: opening fee ₹0, AMC ₹400/year for non-BSDA clients; first year free, and brokerage charges updated May 2026. Informational only—not investment advice.
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Sharekhan charges ₹0 to open an account and ₹0 DP AMC in the first year. Brokerage is 0.30% on equity delivery, 0.02% each side on intraday and futures, and ₹39 per lot each side on equity options. Selling through Sharekhan has no DP debit charge, and non-BSDA AMC after year one is ₹400.
By Ajay Bohra · About the author
Last updated: October 2026
This page lists the Sharekhan 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 Sharekhan’s published charges in October 2026. Charges change, so confirm on Sharekhan before you trade. This is information, not investment advice.
Sharekhan brokerage charges by segment
| Segment | Brokerage per executed order |
|---|---|
| Equity delivery | 0.30% of trade price; minimum 1 paisa per share |
| Equity intraday | 0.02% of trade price each side; minimum 1 paisa per share |
| Futures (equity and currency) | 0.02% of transaction value each side |
| Equity options | ₹39 per lot each side |
| Currency options | ₹5 per lot each side |
| Commodity options | 1% of premium or ₹150, whichever is higher (one side) |
The options example below assumes one lot per order at ₹39 each side.
Taxes and exchange charges on Sharekhan 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% |
Sharekhan account, demat and other charges
| Charge | Amount |
|---|---|
| Account opening | ₹0 |
| Demat AMC for non-BSDA accounts | ₹400 a year; free for the first year |
| Demat AMC for BSDA accounts | Nil for holdings up to ₹50,000 (₹1,00,000 for debt); ₹100 a year for ₹50,001 to ₹2,00,000 |
| DP charge on selling shares | Nil when the sale is through Sharekhan. 0.03% of the value or a minimum of ₹30 per transaction for sales not through Sharekhan, off-market or inter-depository transfers |
| DP charge on buying | Nil |
| Margin pledge request | ₹20 per transaction; ₹30 per transaction for pledge under margin funding |
| Pledge invocation and release | Nil |
| CUSPA pledge | ₹25 + GST per instruction |
| Dial-N-Trade, fund transfer, address, bank and nominee changes | Free |
Sharekhan 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 | ₹600.00 | ₹40.00 | ₹78.00 |
| 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 | ₹109.14 | ₹8.34 | ₹21.09 |
| DP charge on the sell | ₹0.00 | ₹0.00 | ₹0.00 |
| Total charges | ₹930.48 | ₹82.68 | ₹229.79 |
| Total as % of turnover | 0.930% | 0.083% | 0.209% |
Two things stand out. Sharekhan’s 0.30% delivery brokerage costs ₹600 on a ₹1,00,000 buy and sell, far above flat-fee brokers; its pitch is full-service research and the nil DP charge on sales through Sharekhan. Intraday is a low 0.02% each side. Profit or loss on the trade itself is not included, and neither is income tax on gains.
How Sharekhan 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 Sharekhan review
Investors who want a full-service broker with research and phone trading included often look at Sharekhan. Compare the percentage brokerage with flat-fee brokers before opening. This is not personalised investment advice.
Sharekhan charges: FAQs
What are Sharekhan brokerage charges?
0.30% on equity delivery, 0.02% each side on intraday and futures, and ₹39 per lot each side on equity options.
Is Sharekhan delivery free?
No. Delivery brokerage is 0.30% of the trade price, with a minimum of 1 paisa per share.
What is the Sharekhan account opening fee?
₹0.
What is the Sharekhan demat AMC?
Free for the first year. After that, non-BSDA accounts pay ₹400 a year. BSDA accounts pay nothing up to ₹50,000 of holdings and ₹100 a year for ₹50,001 to ₹2,00,000.
What are Sharekhan DP charges?
Nil when you sell through Sharekhan. Sales not through Sharekhan, off-market and inter-depository transfers cost 0.03% of the value or a minimum of ₹30 per transaction. Credits are nil.
What does Sharekhan charge to pledge shares?
₹20 per transaction for a margin pledge request and ₹30 per transaction for pledge under margin funding. Invocation and release are nil.
How much STT do I pay on Sharekhan?
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
Sharekhan’s published charges: sharekhan.com 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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