Sharekhan Brokerage Calculator
Calculate Sharekhan's brokerage, STT, GST, exchange charges, and DP charges for your trade — instantly, with no signup.
No state selector: since a 2020 amendment to the Indian Stamp Act, stamp duty on securities transactions is a single nationwide rate — it no longer varies by the trader’s state. Only how the revenue is distributed between states differs, not the rate you pay.
Total charges
₹978.11
Net P&L
₹4,021.89
Breakeven price
₹1,009.78
- Brokerage
- ₹615.00
- STT
- ₹205.00
- Exchange charges
- ₹6.29
- SEBI fees
- ₹0.21
- Stamp duty
- ₹15.00
- GST
- ₹111.83
- DP charges
- ₹24.78
- Gross P&L
- ₹5,000.00
- Options brokerage is actually ₹39 per LOT, not per order. This calculator takes total quantity rather than lot count, so it's modeled as a flat ₹39 per order (equivalent to a single-lot trade) — for multi-lot options trades, Sharekhan's real cost will be higher than shown here.
- DP charge (₹21 + 18% GST) sourced from Sharekhan's CDSL tariff PDF; whether it's billed once per scrip per day or per sell instruction could not be confirmed from that document.
- Sharekhan's official pricing page did not render its charge table for automated fetch tools on two separate research passes. The 0.30%/0.02%/0.02%/₹39-per-lot structure modeled here matches the most recent (2026-dated) secondary sources, but some aggregator sites still describe separate legacy 'Classic'/'Prepaid' plans.
- Manually verified against sharekhan.com/pricing directly by the site owner on 2026-07-22 — confirmed accurate as modeled, no changes needed.
All calculations run entirely in your browser — nothing you enter here is sent to a server or stored anywhere.
About Sharekhan
- Founded
- 1995
- Broker type
- full-service
- Parent company
- Mirae Asset Financial Group
Sharekhan was founded in 1995 and was one of the first brokers to offer online trading in India. Today it operates as Mirae Asset Sharekhan, following Mirae Asset Financial Group's acquisition of a 100% stake, completed in November 2024.
Sharekhan is a full-service broker, not a discount broker. That means alongside trade execution, it offers in-house research, advisory desks, relationship managers, and a network of physical branches — services that discount brokers like Zerodha or Groww generally don't provide. This is reflected in its brokerage structure, which is percentage-based rather than flat-fee, and in its charges being higher than pure discount brokers on this list.
Sharekhan's charge structure
This calculator models Sharekhan's currently-published rate card: 0.30% (or a 1 paisa/share minimum) on delivery, 0.02% (or a 1 paisa/share minimum) on intraday, 0.02% on futures, and ₹39 per lot on options. Some older or third-party sources describe separate named plans ("Classic", "Prepaid") with different rates — we could not fully confirm on Sharekhan's own site whether these are still offered alongside the unified structure above or have been retired, since their pricing page did not render its charge table for our research tools. If you're comparing plans directly with Sharekhan before opening an account, confirm which plan you'd be enrolled in.
| Trade type | Brokerage |
|---|---|
| Equity delivery | 0.3% of trade value, or a minimum of ₹0.01 per share, whichever is higher |
| Equity intraday | 0.02% of trade value, or a minimum of ₹0.01 per share, whichever is higher |
| F&O futures | 0.02% of trade value |
| F&O options | Flat ₹39.00 per order |
| DP charge (delivery sell only) | ₹24.78 per scrip |
Sharekhan: pros & cons
Pros
- In-house equity research and stock recommendations, useful for investors who want guidance rather than a bare execution platform.
- Relationship managers and a physical branch network — helpful if you prefer in-person support over app-only service.
- Backed by Mirae Asset, a large global financial group, following the November 2024 acquisition.
- Zero account opening fee, and the demat AMC is waived for the first year.
Cons
- Brokerage is meaningfully higher than discount brokers for active traders — percentage-based delivery/intraday charges (plus a per-share minimum) scale with trade size, unlike the flat ₹0–₹20 per-order fees most discount brokers charge.
- Options brokerage is charged per lot, not per order — a multi-lot options trade costs proportionally more than on brokers with a flat per-order options fee.
- Demat AMC of ₹400/year applies from the second year onward (first year is free).
- Research and advisory services, while a genuine strength, aren't useful to traders who only want low-cost execution.
How to open a Sharekhan account
- 1Keep your PAN card, a proof of identity/address (Aadhaar, voter ID, driving licence, or passport), and a cancelled cheque or bank statement ready.
- 2Complete Sharekhan's online account-opening form and verify your identity via Aadhaar-based e-KYC.
- 3Upload a photograph and complete eSign (Aadhaar OTP) to digitally sign the account-opening agreement — no physical paperwork needed for a standard individual account.
- 4If you plan to trade F&O or commodities, you'll additionally need income/net-worth proof (a recent ITR acknowledgment, Form 16, 6-month bank statement, or a CA-certified net-worth certificate).
- 5Once verified, your trading and demat account is activated — Sharekhan advertises this process as completable in around 15 minutes for standard individual accounts.
Ready to open an account with Sharekhan?
Open a Sharekhan accountFrequently asked questions
What is Sharekhan's brokerage on delivery trades?
Sharekhan charges 0.30% of the trade value on equity delivery, subject to a minimum of 1 paisa per share, on Sharekhan's currently-published rate card. This is a percentage-based full-service brokerage model, meaningfully higher than the zero-brokerage delivery offered by discount brokers like Zerodha or Dhan.
Is Sharekhan good for beginners?
Sharekhan can suit beginners who want research support, stock recommendations, and access to a relationship manager or branch — the kind of hand-holding full-service brokers provide. Beginners who mainly want the lowest-cost way to place trades and don't need advisory support will generally find discount brokers cheaper.
Does Sharekhan charge account opening fees?
No — account opening is free. The demat account's Annual Maintenance Charge (AMC) of ₹400/year is waived for the first year and applies from the second year onward. The trading account itself has no AMC.
Is Sharekhan a discount broker like Zerodha?
No. Sharekhan is a full-service broker — it offers in-house research, advisory desks, relationship managers, and branches, and prices its brokerage on a percentage basis accordingly. Zerodha, Groww, and similar discount brokers charge flat per-order fees (or zero, for delivery) and don't provide advisory services.
Who owns Sharekhan now?
Sharekhan is now Mirae Asset Sharekhan, following Mirae Asset Financial Group's acquisition of a 100% stake from its previous owner, completed in November 2024.
Related reading: Trading Charges Explained: STT, GST, Stamp Duty & Every Fee on Your Trade
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