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Master Trust Brokerage Charges, Fees, AMC, Transaction Charges 2020

9.57% 43,850 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 Account Charges

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).

Master Trust Account Open Charges | Master Trust AMC 2020

Transaction	Fee
Trading Account Opening Charges (One Time)	₹100
Trading Annual Maintenance Charges AMC (Yearly Fee)	Nil
Demat Account Opening Charges (One Time)	Nil
Demat Account Annual Maintenance Charges AMC (Yearly Fee)	₹300

Master Trust Brokerage Charges 2020

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.

Master Trust 20:20 Plan

Segment	Brokerage Fee
Monthly Fee (Fixed)
Equity Delivery	₹0 (Free)
Equity Intraday	₹20 per executed order
Equity Futures	₹20 per executed order
Equity Options	₹20 per executed order
Currency Futures	₹20 per executed order
Currency Options	₹20 per executed order
Commodity Futures	₹20 per executed order
Commodity Options	₹20 per executed order

Master Trust Standard Plan

Segment	Brokerage Fee
Monthly Fee (Fixed)
Equity Delivery	0.30%
Equity Intraday	0.03%
Equity Futures	0.03%
Equity Options	₹75 per lot
Currency Futures	0.03%
Currency Options	₹10 per lot
Commodity Futures	0.30%
Commodity Options	₹75 per lot

Master Trust My Plan

Segment	Brokerage Fee
Monthly Fee (Fixed)	Annual brokerage of ₹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

Master Trust Demat Account Charges 2020

The Demat account transactions are charged separately from the trading commission. Find Master Trust Demat account charges 2020.

MyValueTrade Depository Service Charges for Resident Retail Customers

Sr	Services	Charges
1	Account Opening Charges	Nil
2	Annual Maintenance Charges (AMC)	NIL (First year only) / ₹400
3	Dematerialization Charges	₹20 per DRF plus ₹3 per certificate
4	Rematerialisation Charges	₹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)	₹15 within DP / ₹25 Outside DP
7	Pledge Charges (per Transaction) Creation Invocation / Closure	0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual
8	Speed-e & Ideas Subscribers(Password User)	₹100
9	Additional Instruction Booklet	₹50Containing 5 Leaves
10	Failed Instruction Intimation	₹50 per intimation instruction
11	Additional Statement of Holding/Transaction	₹50 + ₹30 courier
12	Non periodic statement	₹20

Master Trust Transaction Charges (Exchange Turnover Charge)

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

Master Trust Transaction Charges 2020

Segment	Transaction Fee
Equity Delivery	NSE ₹325 \| BSE ₹325
Equity Intraday	NSE ₹325 \| BSE ₹325
Equity Futures	NSE ₹300 \| BSE ₹150
Equity Options	NSE ₹6000 \| BSE ₹3500
Currency Futures	NSE ₹120 \| BSE ₹100
Currency Options	NSE ₹4200 \| BSE ₹1000
Commodity	MCX ₹250

Master Trust Trading Taxes

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.

Master Trust Tax on Trading

Tax Master Trust	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	0.00005% (₹5/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)