Nithin Kamath, CEO of Zerodha, stated equity delivery will continue to be free and there will be no brokerage changes. As of October 1, the STT for options rose to 0.1%, but the transaction charge fell to 0.035% Nithin Kamath, founder and CEO of Zerodha.
Equity delivery will continue to be free at @zerodha. As of now, we are not making any changes to our brokerage.Nithin Kamath, CEO of Zerodha, stated equity delivery will continue to be free and there will be no brokerage changes. As of October 1, the STT for options rose to 0.1%, but the transaction charge fell to 0.035% Nithin Kamath, founder and CEO of Zerodha
For options: STT increases to 0.1% from 0.0625%, and transaction charge decreases to 0.035% from 0.0495%.
This results in the cost of trades seeing a net increase of 0.02303% or Rs 2303 per crore of premium on the selling side on NSE and of 0.0205% or Rs 2050 per crore on BSE.
For futures: STT increases to 0.02% from 0.0125%, and transaction charge decreases to 0.00173% from 0.00183%.
This results in a net increase of 0.00735% or Rs 735 per crore of futures turnover on the selling side.