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Nuvama (Edelweiss) Brokerage Charges, Fees, AMC, Transaction Charges 2024


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Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Nuvama Wealth Finance Limited is a leading full-service stockbroker offering flat fee and percentage-based brokerage plans to its customers. The company provides online and offline trading and investment services across Equities, F&O, Currency Derivatives, IPO, Mutual Funds, and Insurance.

Nuvama has two brokerage plans to offer to its customers:

1. Nuvama Lite Plan

The brokerage charges under the Nuvama Lite Plan are flat Rs 10 per executed order across all the segments. This plan is suitable for investors who can trade independently with bare minimum support and assistance from the broker. You do not get relationship manager service under this plan, and the value-added services also get charged separately based on their use.

2. Nuvama Elite Plan

Nuvama Elite plan is a feature-rich plan with access to complimentary value-added services. The brokerage charges under this plan are percentage-based depending on the transaction value for Cash Equity and Futures and per lot basis in the case of Options.

Key Features of Nuvama Elite Plan:

  • Free Relationship Manager Services.
  • Free Call and Trade facility.
  • No charges for Auto square-off.
  • Free research services.
  • Free WhatsApp Notifications.
  • No Charges for Physical Contract Notes, Physical Client Master List, and Physical Statement.

Nuvama (Edelweiss) Account Charges

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

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

Nuvama (Edelweiss) Account Open Charges | Nuvama (Edelweiss) AMC 2024

TransactionFee
Trading Account Opening Charges (One Time)Rs 0 (Free)
Trading Annual Maintenance Charges AMC (Yearly Fee)Rs 0
Demat Account Opening Charges (One Time)Rs 0 (Free)
Demat Account Annual Maintenance Charges AMC (Yearly Fee)Rs 500 (1st Year Free)

Nuvama (Edelweiss) Brokerage Charges 2024

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

Nuvama (Edelweiss) Nuvama Lite

SegmentBrokerage Fee
Monthly Fee (Fixed)NA
Equity DeliveryRs 10 per executed order
Equity IntradayRs 10 per executed order
Equity FuturesRs 10 per executed order
Equity OptionsRs 10 per executed order
Currency FuturesRs 10 per executed order
Currency OptionsRs 10 per executed order
Commodity Futures
Commodity Options

Nuvama (Edelweiss) Nuvama Elite

SegmentBrokerage Fee
Monthly Fee (Fixed)
Equity Delivery0.30%
Equity Intraday0.03%
Equity Futures0.03%
Equity OptionsRs 75 per lot
Currency Futures0.02%
Currency OptionsRs 20 per lot
Commodity Futures
Commodity Options

Nuvama (Edelweiss) Demat Account Charges 2024

The Demat account transactions are charged separately from the trading commission. Find Nuvama (Edelweiss) Demat account charges 2024.

Nuvama (Edelweiss) Demat Charges

Nuvama (Edelweiss) trading and demat account opening charges are Rs 0 (Free). Nuvama (Edelweiss) charges Rs 500 (1st Year Free) per year demat account AMC. Nuvama (Edelweiss) demat debit transaction charge of Rs 0.02% of the transaction value or ₹20 per transaction, whichever is higher per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 0 (Free)
2 Transaction Charges (Buy)
3 Transaction Charges (Sell) 0.02% of the transaction value or ₹20 per transaction, whichever is higher
4 Annual Maintenance Charges (AMC) ₹500 per year (1st year free)
5 Demat + Courier charges ₹2 per certificate + ₹30 for postage
6 Remat ₹10 per 100 securities or part thereof (Subject to minimum of ₹10 per request) + ₹30 for postage
7 Pledge Creation 0.02% of the transaction value or ₹50 per transaction, whichever is higher
8 Pledge Creation Confirmation Nil
9 Pledge Invocation 0.02% of the transaction value or ₹25 per transaction, whichever is higher
10 Failed Transactions Nil
11 Other Charges Account Closing: Nil

Nuvama (Edelweiss) Transaction Charges (Exchange Turnover Charge)

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

Nuvama (Edelweiss) Transaction Charges 2024

SegmentTransaction Fee
Equity DeliveryNSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity IntradayNSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity OptionsNSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency FuturesNSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency OptionsNSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity

Nuvama (Edelweiss) Trading Taxes

Nuvama (Edelweiss) charges government taxes and fees in addition to the brokerage. These Nuvama (Edelweiss) 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 Nuvama (Edelweiss) tax calculation.

Nuvama (Edelweiss) Tax on Trading

Tax Nuvama (Edelweiss)Rates

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) of the turnover (except for Agri futures where it is Rs 1 per 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)

Nuvama (Edelweiss) Special Offer

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.

Frequently Asked Questions

  1. 1. How much Edelweiss charge?

    Edelweiss Broking charges flat Rs 10 per trade brokerage under Edelweiss Lite Plan for online trading across all segments. In The Edelweiss Elite Plan, they charge 0.30% for delivery, 0.03% for equity intraday & futures and Rs 75 per lot for equity options.

    The online account opening fee is Rs 0 (free) for all. Edelweiss offers a paperless instant online account opening.

    Edelweiss Demat Charges

    Edelweiss offers 2 brokerage plans; Elite and Lite. The demat account AMC is Rs 300 for Edelweiss Elite and Rs 500 for the Edelweiss Lite plan. The AMC is free for the first year. The demat debit transaction charges are Rs 15 per transaction.

    Add-on service Charges

    Edelweiss Elite plan is a full-service plan where brokerage is charged % of the trading volume. This plan comes with many free add-ons like Call & Trade and research etc.

    Edelweiss Lite Plan is an online discount brokerage plan (flat Rs 0 per trade). In this plan, Call & Trade facility is charged at Rs 20 per call, research services at Rs 50 per Month and access to Investology (customer education platform) is Rs 100 per course.

     

     

  2. 2. How do I know my brokerage charges in Edelweiss?

    Edelweiss offers 2 brokerage plans; Edelweiss Lite and Edelweiss Elite. Edelweiss Lite is a fixed brokerage plan (Rs 10/order) and Edelweiss Elite is a traditional percentage-based brokerage plan.

    Steps to check Edelweiss Brokerage Charges

    1. Login to the Edelweiss website or mobile app
    2. Click on the 'Profile Image' in the top right corner.
    3. Click on the 'See Profile' link.
    4. Scroll to the end of the page to the 'Rates and Fees' section.
    5. Check your brokerage plan.

    Note:

    • If you wish to change your plan, please contact your RM or call Edelweiss.

     

     

  3. 3. What is Edelweiss brokerage fee?

    Edelweiss offers two brokerage plans to its customers.

    • Edelweiss Lite Plan; and
    • Edelweiss Elite Plan

    Edelweiss Brokerage Fees

    Segment Lite Plan Brokerage Elite Plan Brokerage

    Equity Delivery

    Rs 10 per executed order

    0.30%

    Equity Intraday

    Rs 10 per executed order

    0.03%

    Equity Futures

    Rs 10 per executed order

    0.03%

    Equity Options

    Rs 10 per executed order

    Rs 75 per lot

    Currency Futures

    Rs 10 per executed order

    0.02%

    Currency Options

    Rs 10 per executed order

    Rs 20 per lot

     

     

  4. 4. What are the brokerage charges in Edelweiss?

    Edelweiss charges a flat brokerage of Rs 10/order across all the segmentsunder the Edelweiss Lite plan. Edelweiss also offers Edelweiss Elite plan to its customers that charges brokerage based on transaction value and volume. The Edelweiss Elite plan charges percentage basis brokerage for Equity and Futures and per lot basis for Options.

    Edelweiss Brokerage Fees

    Segment Lite Plan Brokerage Elite Plan Brokerage

    Equity Delivery

    Rs 10 per executed order

    0.30%

    Equity Intraday

    Rs 10 per executed order

    0.03%

    Equity Futures

    Rs 10 per executed order

    0.03%

    Equity Options

    Rs 10 per executed order

    Rs 75 per lot

    Currency Futures

    Rs 10 per executed order

    0.02%

    Currency Options

    Rs 10 per executed order

    Rs 20 per lot

    Edelweiss Lite Plan is a basic plan wherein the value-added services get charged based on their use. Edelweiss Elite plan is a premium plan with complimentary value-added services like dedicated relationship manager, free call and trade facility, zero charges for auto square off, zero charges for physical contract notes, statements, and much more.

    Edelweiss offers free account opening and charges no AMC fee for the first year of account opening.

     

     

Nuvama (Edelweiss) Account Opening Enquiry

Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

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Information on this page was last updated on Thursday, November 23, 2023

Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

2 Comments

2. Monika   I Like It. |Report Abuse|  Link|January 15, 2021 1:36:16 AMReply
Fake company and fake plans. They will loot you in the name of advance subscription prepaid plan. I took the advance subscription plan and was told that if I pay Rs 11800 I will not be charged minimum brokerage of Rs 25. But it was charged.
2.1. bruce david   I Like It. |Report Abuse|  Link|November 30, 2022 9:27:00 AM
they are not real.
1. Jeevan bhosale   I Like It. |Report Abuse|  Link|June 7, 2020 1:32:29 AMReply
What is a commodity market brokerage