Zerodha Brokerage Calculator
Zerodha is India’s largest discount broker and charges zero brokerage on equity delivery, while intraday and futures are capped at the lower of 0.03% or ₹20 per order and options are a flat ₹20 per order. Statutory charges (STT, exchange, SEBI, GST, stamp duty, and the ₹15.34 demat charge on delivery sells) are the same at every broker — so this page shows Zerodha’s exact cost and ranks it against Groww, Upstox, Angel One and Dhan for your trade.
Equity delivery
₹0 (free)
Intraday
lower of 0.03% or ₹20 / order
Futures & Options
Futures: lower of 0.03% or ₹20 · Options: flat ₹20
Turnover
₹2,01,000.00
Gross P&L
₹1,000.00
Zerodha total charges
₹82.48
Net P&L by broker (cheapest first)
| Broker | Brokerage | Total charges | Net P&L |
|---|---|---|---|
| ZerodhaThis page | ₹40.00 | ₹82.48 | ₹917.52 |
| Dhan | ₹40.00 | ₹82.48 | ₹917.52 |
| Upstox | ₹40.00 | ₹82.48 | ₹917.52 |
| Groww | ₹40.00 | ₹82.48 | ₹917.52 |
| Angel One | ₹40.00 | ₹82.48 | ₹917.52 |
STT, exchange, SEBI & stamp duty are statutory — identical for every broker. Brokers differ only on brokerage and demat (DP) charges.
Full charge breakdown — Zerodha
| Brokerage (both legs) | ₹40.00 |
| STT / CTT | ₹25.00 |
| Exchange transaction charge | ₹5.97 |
| SEBI turnover fee | ₹0.20 |
| GST (18%) | ₹8.31 |
| Stamp duty | ₹3.00 |
| Total charges | ₹82.48 |
| Net P&L | ₹917.52 |
Statutory rates are FY 2026-27 (post 1-Apr-2026 STT revision); brokerage reflects each broker's published standard plan and excludes promotional offers. Figures are estimates — verify on the broker's own calculator before trading. TopOpenTools is not a SEBI-registered investment adviser; this tool is for information only.
How Zerodha’s charges work
Zerodha pioneered India’s discount-broking model, and its pricing is built around a single idea: pay nothing to invest, and never more than ₹20 to trade. Equity delivery brokerage is ₹0, so buy-and-hold investors pay only the statutory charges plus a ₹15.34 demat (DP) charge per scrip on the sell side. Intraday and futures brokerage is the lower of 0.03% of turnover or ₹20 per executed order, and options are a flat ₹20 per order regardless of premium or lot size. There are no hidden platform fees for Kite or Console; account maintenance (AMC) is billed separately each quarter.
Where Zerodha wins or costs more
On equity delivery, Zerodha is effectively tied with Dhan (both ₹0) and cheaper than Upstox (flat ₹20) and Groww and Angel One (lower of 0.1% or ₹20). On intraday and F&O, all five brokers converge near the ₹20-per-order cap, so the net difference on those trades is small and comes down to identical statutory charges and demat fees. Zerodha’s cost advantage is clearest for delivery investors placing larger orders, where a percentage-based broker would charge up to ₹20 that Zerodha waives entirely.
Worked example
On a ₹1,00,000 equity-delivery buy, Zerodha’s brokerage is ₹0, versus ₹20 at Upstox and up to ₹20 at Groww or Angel One. Because STT, exchange, SEBI, GST and stamp duty are identical at every broker, Zerodha ends up cheaper by exactly the brokerage the others charge on that leg. Enter your own quantity and price in the calculator above for the rupee-exact total, including the sell-side demat charge.
Good to know about Zerodha
- ✓Largest broker in India by active clients; trades run on the Kite app and web platform with Console for reports.
- ✓Free equity delivery and free direct mutual funds; brokerage only applies to intraday, futures and options.
- ✓A ₹15.34 demat (DP) charge applies per scrip on the day you sell delivery holdings, regardless of quantity.
- ✓Account maintenance charges (AMC) are billed quarterly and are separate from per-trade brokerage.
- ✓Promotional or plan-specific rates can differ — always confirm on Zerodha’s own charges page before trading.
Zerodha Brokerage — FAQs
Does Zerodha charge for equity delivery?
No — Zerodha charges ₹0 brokerage on equity delivery. You still pay statutory STT, exchange, SEBI, GST and stamp-duty charges, plus a ₹15.34 demat (DP) charge per scrip on the sell side, all of which this calculator includes.
Is Zerodha genuinely free for long-term investing?
Brokerage on delivery is genuinely ₹0, so a buy-and-hold investor pays no commission to Zerodha for the trade itself. The unavoidable costs are the government/exchange statutory charges (the same everywhere) and the ₹15.34 per-scrip demat charge when you sell. The calculator above shows both so you see the true all-in cost.
What is the ₹15.34 demat charge on Zerodha?
It is a Depository Participant (DP) charge levied once per scrip on the day you sell shares held in delivery, irrespective of quantity. It is not brokerage and applies at most brokers in some form; this tool factors it into Zerodha’s delivery-sell cost so the comparison is like-for-like.
Are these charges current and accurate?
Statutory charges (STT, exchange transaction, SEBI fee, 18% GST, stamp duty) are FY 2026-27 and identical across all brokers; brokerage reflects each broker’s standard published plan. Promotional offers are excluded — always confirm on the broker’s own calculator before trading.
Is TopOpenTools affiliated with this broker?
No. TopOpenTools is an independent tools site, not affiliated with any broker and not a SEBI-registered investment adviser. This calculator is for information only and does not recommend any broker.