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AxisDirect Brokerage Charges, Fees, AMC, Transaction Charges 2022


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Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. ... Know more about Axis Securities

AxisDirect Account Charges

AxisDirect offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with AxisDirect. AxisDirect fee structure and trading commission rates are explained as below.

To open AxisDirect account you have to pay account opening charges and annual maintenance charges (AMC).

AxisDirect Account Open Charges | AxisDirect AMC 2022

TransactionFee
Trading Account Opening Charges (One Time)Rs 900
Trading Annual Maintenance Charges AMC (Yearly Fee)Rs 0
Demat Account Opening Charges (One Time)Rs 0
Demat Account Annual Maintenance Charges AMC (Yearly Fee)Rs 650

AxisDirect Brokerage Charges 2022

Customer pays a commission (brokerage) when buying or selling stocks through AxisDirect. The brokerage charges for equity, commodities and currency derivative trading for AxisDirect are explained as below.

AxisDirect Standard Brokerage Plan

SegmentBrokerage Fee
Monthly Fee (Fixed)NA
Equity Delivery0.50%
Equity Intraday0.05%
Equity Futures0.05%
Equity OptionsIntraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures0.05%
Currency OptionsIntraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures0.03%
Commodity OptionsRs 50 per lot

AxisDirect Demat Account Charges 2022

The Demat account transactions are charged separately from the trading commission. Find AxisDirect Demat account charges 2022.

Axis Demat Charges

Trasnaction Charges

Account Opening Charges

Nil

Annual Maintenance Charges (AMC)

For Axis Bank Customers: Rs 750 p.a (First year free)

For Other Bank Customers: Rs 2,500 p.a

Demat Charges

Rs 5 per certificate or Rs 50 per request, whichever is higher.

Remat Charges

Rs 20 for every 100 securities or part thereof or Rs 50 per request, whichever is higher.

Credit Transactions

NIL

Debit Transactions

0.04% of the value of the transaction or Rs 25 (per instruction) whichever higher.

Failed / Rejected Instruction

Rs 10 per Instruction

Ad-hoc Statement

Rs 100 per Statement

DIS Booklet Charge

NIL

Account Modification Charges

NIL

Pledge - Creation, Closure or Invocation

0.04% of the value of the transaction or Rs 50 (per Instruction) whichever is higher.


AxisDirect Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

AxisDirect Transaction Charges 2022

SegmentTransaction Fee
Equity DeliveryNSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity IntradayNSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity OptionsNSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency FuturesRs 190 per Cr (0.0019%)
Currency OptionsRs 5000 per Cr (0.05%) (on premium)
Commodity

AxisDirect Trading Taxes

AxisDirect charges government taxes and fees in addition to the brokerage. These AxisDirect trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the AxisDirect tax calculation.

AxisDirect Tax on Trading

Tax AxisDirectRates

Securities Transaction Tax (STT)

  • Equity Delivery: 0.1% on both Buy and Sell
  • Equity Intraday: 0.025% on the Sell Side
  • Equity Futures: 0.01% on Sell Side
  • Equity Options: 0.05% on Sell Side(on Premium)
  • Commodity Futures: 0.01% on sell side (Non-Agri)
  • Commodity Options: 0.05% on sell side
  • Currency F&O: No STT
  • On Exercise transaction: 0.125%
  • Right to entitlement: 0.05% on sell side

Exchange Transaction Charges

Refer table above

GST

18% on (Brokerage + Transaction Charge + SEBI Fee)

SEBI Charges

0.0001% (₹10/Crore)

Stamp Duty

(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.

Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)

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Frequently Asked Questions

  1. 1. What is Axis Bank's Trade@20 plan?

    Axis Bank offers Trade@20 plan for stock trading. This plan offers Equity and Equity Derivatives trading at BSE and NSE. In this plan, the brokerage is charged at a flat rate of Rs 20 per trade when you maintain a minimum 'Average Quarterly Balance' of Rs 75,000 in the Axis Bank account linked to the trading account.

    If you do not maintain 'Average Quarterly Balance', you are moved to default Fixed Brokerage Plan where you are charged the brokerage in % (i.e. Equity Delivery at 0.50%).

     

  2. 2. Can I take Axis ?20 per trade plan if I am not an Axis Bank customer?

    Yes, a non-Axis bank account holder can open a trading and demat account with Axis Securities and avail the Trade@20 Plan by paying an additional Rs 250 per month maintenance fee.

    Axis bank Rs 20 per trade plan (Trade@20 Plan) is designed for 3-in-1 account holders who maintain a minimum 'Average Quarterly Balance' of Rs 75,000 in their linked Axis Bank account.

     

  3. 3. Does Axis Banks Trade@20 plan work for Commodity trading at MCX?

    No, Axis Trade@20 plan (Rs 20 per trade) is not for commodity trading at MCX. For commodity trading customer has to pay default fixed brokerage as below:

    • Commodity Futures: 0.03% (Each Leg)
    • Commodity Options: Rs 50 per lot

     

  4. 4. Does Axis Banks Trade at 20 plan work for Currency Trading?

    No, Axis Trade@20 plan (Rs 20 per trade) is not for currency derivatives. For currency trading customer has to pay default fixed brokerage as below:

    • Currency Futures: 0.05% (Each Leg)
    • Currency Options: Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot

     

  5. 5. What are the hidden charges of Axis Bank trade 20 account?

    • Axis Bank Average Quarterly Balance: Rs 75,000
    • Minimum Brokerage Charges: Rs 20 per trade
    • Call & Trade Service: Rs 20 per call
    • Brokerage Plan Modification Charge: Rs 500 per quarter
    • Trade@20 Plan maintenance charges for Non-Axis Bank customers: Rs 250 per month
    • Payment Gateway Charges (For Non-Axis Bank Customers): Rs 9 per transfer

     

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Information on this page was last updated on Friday, April 24, 2020

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