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+--- Thread: TOTAL Charges Calculation with ₹15 Brokerage Fee (/thread-533.html)
TOTAL Charges Calculation with ₹15 Brokerage Fee - Chethan - 25-06-2024
let's calculate the total buy and sell charges for 1 lot of options in Alice Blue (15 per order), assuming the flat brokerage charge is ₹15 per order instead of ₹20.
### Example Calculation with ₹15 Brokerage Fee
Let's assume you're trading Nifty options and the premium is ₹100 per lot, with 1 lot consisting of 50 units.
#### Buy Charges
1. **Brokerage Fee**: ₹15 per order
2. **Exchange Transaction Charges**: 0.053% of (₹100 * 50) = 0.053% of ₹5000 = ₹2.65
3. **SEBI Turnover Fees**: 0.0001% of ₹5000 = ₹0.005 (rounded to nearest paisa, often ignored)
4. **GST**: 18% of (₹15 + ₹2.65) = 18% of ₹17.65 = ₹3.18
5. **Stamp Duty**: 0.003% of ₹5000 = ₹0.15
**Total Buy Charges**: ₹15 + ₹2.65 + ₹3.18 + ₹0.15 = ₹20.98
#### Sell Charges
1. **Brokerage Fee**: ₹15 per order
2. **Exchange Transaction Charges**: 0.053% of (₹100 * 50) = ₹2.65
3. **SEBI Turnover Fees**: 0.0001% of ₹5000 = ₹0.005 (rounded to nearest paisa, often ignored)
4. **GST**: 18% of (₹15 + ₹2.65) = 18% of ₹17.65 = ₹3.18
5. **Stamp Duty**: Typically not charged on sell transactions for options in most states.
**Total Sell Charges**: ₹15 + ₹2.65 + ₹3.18 = ₹20.83
### Total Round Trip Charges
Adding both buy and sell charges:
**Total Buy Charges**: ₹20.98
**Total Sell Charges**: ₹20.83
**Total Charges for 1 Lot Options Trade**: ₹20.98 + ₹20.83 = ₹41.81
### Summary
For a round trip (buy and sell) of 1 lot of options in Alice Blue with a flat brokerage charge of ₹15 per order, the total charges, including all taxes, are approximately ₹41.81.