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10.4% 53,705 Clients
Master Trust is a discount brokerage company part of the Master Capital Services Ltd. Incorporated in 1985; Master Capital Services Ltd (part of Master Trust Group) is a leading financial services company in India.
Master Trust Group entered in to discount brokerage business in Aug 2014. Master Trust offers both flat fees per trade and standard ... 
Master Trust offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with Master Trust. Master Trust fee structure and trading commission rates are explained as below.
To open Master Trust account you have to pay account opening charges and annual maintenance charges (AMC).
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 100 |
| Trading Annual Maintenance Charges AMC (Yearly Fee) | Nil |
| Demat Account Opening Charges (One Time) | Nil |
| Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Rs 300 |
Customer pays a commission (brokerage) when buying or selling stocks through Master Trust. The brokerage charges for equity, commodities and currency derivative trading for Master Trust are explained as below.
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | |
| Equity Delivery | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order |
| Equity Futures | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order |
| Currency Options | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order |
| Commodity Options | Rs 20 per executed order |
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | |
| Equity Delivery | 0.30% |
| Equity Intraday | 0.03% |
| Equity Futures | 0.03% |
| Equity Options | Rs 75 per lot |
| Currency Futures | 0.03% |
| Currency Options | Rs 10 per lot |
| Commodity Futures | 0.30% |
| Commodity Options | Rs 75 per lot |
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | Annual brokerage of Rs 1000 |
| Equity Delivery | 25% off on existing brokerage plan |
| Equity Intraday | 25% off on existing brokerage plan |
| Equity Futures | 25% off on existing brokerage plan |
| Equity Options | 25% off on existing brokerage plan |
| Currency Futures | 25% off on existing brokerage plan |
| Currency Options | 25% off on existing brokerage plan |
| Commodity Futures | 25% off on existing brokerage plan |
| Commodity Options | 25% off on existing brokerage plan |
The Demat account transactions are charged separately from the trading commission. Find Master Trust Demat account charges 2021.
| Sr | Services | Charges |
|---|---|---|
| 1 | Account Opening Charges | Nil |
| 2 | Annual Maintenance Charges (AMC) | NIL (First year only) / Rs 400 |
| 3 | Dematerialization Charges | Rs 20 per DRF plus Rs 3 per certificate |
| 4 | Rematerialisation Charges | Rs 25 per certificate or 0.05% of the value of the transaction whichever is higher + Depository charges at actual |
| 5 | Custody Charges | Nil |
| 6 | Transaction Charges (per Debit Transaction) | Rs 15 within DP / Rs 25 Outside DP |
| 7 | Pledge Charges (per Transaction) Creation Invocation / Closure | 0.02% of the value of transaction, subject to a minimum of Rs 50 + Depository charges at actual |
| 8 | Speed-e & Ideas Subscribers(Password User) | Rs 100 |
| 9 | Additional Instruction Booklet | Rs 50Containing 5 Leaves |
| 10 | Failed Instruction Intimation | Rs 50 per intimation instruction |
| 11 | Additional Statement of Holding/Transaction | Rs 50 + Rs 30 courier |
| 12 | Non periodic statement | Rs 20 |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 325 | BSE Rs 325 |
| Equity Intraday | NSE Rs 325 | BSE Rs 325 |
| Equity Futures | NSE Rs 300 | BSE Rs 150 |
| Equity Options | NSE Rs 6000 | BSE Rs 3500 |
| Currency Futures | NSE Rs 120 | BSE Rs 100 |
| Currency Options | NSE Rs 4200 | BSE Rs 1000 |
| Commodity | MCX Rs 250 |
Master Trust charges government taxes and fees in addition to the brokerage. These Master Trust 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 Master Trust tax calculation.
| Tax Master Trust | Rates |
|---|---|
| |
Exchange Transaction Charges | |
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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Information on this page was last updated on Thursday, April 30, 2020
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