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Karvy FAQs (Frequently Asked Questions)

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Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

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Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facil...

Do you have questions about Karvy share trading account or Karvy demat account?

Get all your share trading doubts and questions answered by reading the Karvy demat, trading account information FAQ. All Karvy questions, Karvy q&a, Karvy faq and Karvy questions and answers.

Frequently Asked Questions

What is AMC for Karvy?
Karvy charges ₹0 Annual Maintenance Charge (AMC) for a trading account and ₹420 for a demat account. AMC is charged to maintain the accounts.
How much Karvy charge for delivery?
Karvy charge 0.3% for equity delivery trade. These trades are also known as cash & carry trades or CNC.
How much Karvy charge for intraday?
Karvy charge 0.03% for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.
How much Karvy charge for futures?
Karvy charge 0.03% for equity futures trading.
How much Karvy charge for options?
Karvy charge ₹30 per lot for equity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.
How much Karvy charge for commodity?
Karvy brokerage charges for commodity futures is 0.03% and commodity options is ₹30 per lot. Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.
How much Karvy charge for currency trading?
Karvy charge 0.03% for currency futures trading and ₹30 per lot for currency options trading.
What are transaction charges in Karvy?
Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing changes to it. These changes can be seen in the contract note.
Karvy Transaction Charges 2020

Segment Transaction Fee

Equity Delivery ₹325

Equity Intraday ₹325

Equity Futures ₹230

Equity Options ₹5500

Currency Futures ₹325

Currency Options

Commodity ₹300
Does Karvy offer IPO?
Yes. Karvy offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.
Does Karvy offer Mutual Funds?
Yes. You can buy/sell Mutual Funds if you have an account with Karvy. In a Mutual Fund, asset management companies (AMC) collect money from several investors and invest them into certain stocks, bonds, debt funds, etc.
Does Karvy provide margin funds?
Yes. Karvy provide margin funding.
What is Karvy intraday auto square-off time?
Karvy auto square-off all open intraday positions at 3:15.
Does Karvy provide tips?
Yes. Karvy provide trading tips for stock and commodity trading to its customers.